Sword Industrial Partners has acquired Mountain Vista Commerce Center, an approximately 135,000-square-foot, three-building industrial complex in Phoenix that comprises warehouse and flex space. Sword Industrial Partners was formed in 2024 by MAG Capital Partners and Scott Word to pursue multi-tenant infill industrial properties in the Western U.S. The acquisition price is approximately $26 million.
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Fully leased to tenants in a variety of industries—including engineering, real estate and light manufacturing—14647 South 50th Street features 18’ clear heights, 33 grade-level, roll-up doors and flexible floor plates of varying bay depths.
“Mountain Vista Commerce Center is a premier small-bay industrial asset that is uniquely positioned in the land-constrained Ahwatukee Foothills, one of Phoenix Southeast Valley’s most sought-after submarkets,” said Scott Word, partner, Sword Industrial Partners.
Located at the crossroads of the I-10 and Loop 202 freeways within the nationally recognized “Silicon Desert,” Mountain Vista Commerce Center benefits from a population of over 2.16 million within a 30-minute commute and a continuously expanding base of high-profile employers, including Intel’s $20 billion expansion in nearby Chandler, Arizona.
“We are strategically expanding our industrial holdings in Phoenix’s infill markets, providing investors with disciplined value-add and core-plus strategies in dynamic economies like Silicon Desert,” said Word. “The area offers one of the most attractive investment landscapes in the country. As a result of a supply/demand imbalance and land scarcity, occupancy rates for small bay and infill space remain high and under supplied.”
Eric Wichterman, Chris Toci, Mike Coover of Cushman & Wakefield – Mountain West and Will Strong, Phil Haenel, Foster Bundy, Molly Hunt, Jack Stamets, and Madeline Warren of Cushman & Wakefield’s, National Industrial Advisory Group – Mountain West represented the seller a Dallas-based private fund.
