Transwestern Investment Group (TIG), on behalf of a separately managed account, has acquired a two-building, Class A industrial property totaling 662,804 square feet at 9400 Latham Street in Tolleson, Arizona, within Metro Phoenix’s Southwest Valley.
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Delivered in 2022, the fully leased property is adjacent to Interstate 10 and Loop 101, offering prominent I-10 frontage and direct access to Phoenix’s core consumer base and key West Coast distribution corridors.
Building A is a 402,015-square-foot cross-dock facility featuring 36-foot clear heights, a 190-foot truck court, ESFR sprinkler systems and abundant trailer parking. Building B totals 260,789 square feet and features a rear-load configuration with 32-foot clear heights, a 130-foot truck court and ESFR sprinklers.
“This acquisition reflects our focus on high-quality logistics assets in markets supported by durable demand drivers and constrained infill supply,” said Mike McKenzie, Director of Acquisitions. “With direct access to Interstate 10 and prominent freeway visibility, the property is strategically positioned within one of the Southwest’s primary distribution corridors, offering the connectivity and functionality that today’s logistics users prioritize.”
