
Southern Arizona Logistics Center Building #2, a 435,023-square-foot concrete tilt-up warehouse at 10070 W. Clark Farm Blvd. in Marana, was sold for $50.4 million. The seller was Flint Development, and the buyer was BlackRock. A tenant has not yet been disclosed.
The property was marketed by CBRE’s Tim Healy and John Werstler and Tanner Ferrandi (CBRE Phoenix) served as listing brokers for the sale. Rob Glaser of Cushman & Wakefield | PICOR, with Steve Shields and Peter Wessling of Transportation Property Company of California, represented the buyer.
Completed in 2023, the facility was designed for modern warehousing and high-volume distribution, with 88 dock doors, four drive-in doors, 133 trailer spaces, 243 parking spaces, and a 36-foot clear height. The property sits on 36.43 acres within the Southern Arizona Logistics Center subdivision, a master-planned industrial setting built for large-scale warehousing.
The post Marana Warehouse Trades for $50M appeared first on Connect CRE.
​Â