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5/21/26
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In a sizable AZ industrial buy, US Merchants has purchased the 454k sf Building One at West Summit at Surprise, a new two-building industrial project developed by Mohr Capital in Surprise, AZ, for $63.9 mil ($140/sf). US Merchants is a leading North American manufacturer of consumer goods and packaging.
13401 W. Sweetwater Ave, Surprise, AZ |
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Completed Q3 2024, West Summit at Surprise consists of 704.5k sf of space on 46.26 in two state-of-the-art industrial buildings: Building One at 13401 W. Sweetwater Ave, along with a 250.5k sf Building Two at 12600 N. Summit Way.
The project is located within Summit Business Park, along the BNSF Railroad, making both buildings rail capable.
“West Summit’s business park location and adjacency to rail made it a compelling development opportunity from the start,” said Mohr Capital Chief Development Officer Gary Horn. “We designed the project to serve distribution, manufacturing and logistics companies, and US Merchants aligns perfectly with that vision. Their plan to add a rail spur further underscores how essential that capability is to select operators. It’s gratifying to see this building purchased for the very uses it was built to support.”
Building One is fully air conditioned with 36’ clear height, LED lighting and a 3k sf spec office suite. It is served by 3,000 amps of power (expandable), 60’ speed bays, a 145’ secured concrete truck court, 101 dock doors, four grade level doors and the ability to park 368 cars and 144 trailers.
JLL Vice Chairman Anthony Lydon, Executive Managing Director John Lydon and Vice President Kelly Royle represented Mohr Capital in the building sale. US Merchants was repped by Joey Sugar and John Grady of CBRE.
In addition to its shared features with Building One, Building Two provides 32’ clear height, a 2.7k sf spec office suite, 135’ secured concrete truck court, 28 dock doors and four grade level doors. It can park 338 cars and 81 trailers.
West Summit at Surprise sits north of the northwest corner of Dysart Rd and Cactus Rd, less than five miles from Loop 303 and Loop 101 and three miles from Northern Pkwy. Both buildings can access a population of 1.9 million within a 35-minute drive and reach numerous large urban markets within a one- to two-day delivery zone. Both buildings are also FTZ enabled, allowing for a simplified and expedited FTZ designation application process that can deliver up to a 72.9% reduction in state real and personal property taxes.
Corporate neighbors at West Summit at Surprise include Crescent Crown, HD Supply, REI, XPO Logistics, Walmart, SubZero, Milly and more.
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