Recently Acquired: Papago Business Park

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Baron Corporate Website

153,900 SF | 100% LEASED | 4 TENANTS
1997 YOC | 28 FT. CLEAR HEIGHT | ESFR

 

Mountain West Industrial Properties (sister company to Baron Properties) is excited to announce the acquisition of Papago Business Park. Mountain West acquired the property with a long-standing institutional capital partner.

The property is exceptionally well located within the southwest valley submarket of Phoenix, AZ, just 1 mile south of I-10 and 1.5 miles east of the recently completed 202 Loop expansion. Built in 1997, the property offers highly functional front-loaded distribution space with 28 ft. clear heights, ESFR sprinkler system, a combination of dock-high and drive-in loading, secured truck courts, and the capability for future rail service. The property is currently 100% leased to a strong set of regional and national tenants. Papago Business Park is the second industrial property acquisition by Mountain West in this submarket in the past four months.

Mountain West Industrial Properties plans for continued expansion into Phoenix and surrounding submarkets. Mountain West and Baron Properties currently manage nearly 3,500 multifamily units and over 1.5 million square feet of industrial and self-storage properties across Arizona, Colorado, Texas, Wisconsin, and Idaho.

Special thanks to Steven Gonzalez, Marcus Muirhead, Greg Guglielmino, and Allen Lowe with Lee & Associates for their assistance during the acquisition of this property.