ViaWest Group, a Phoenix-based real estate development and investment company, has completed the sale of Cove Logistics Center, a recently delivered freestanding 99,498-square-foot Class A industrial building on over ±6.5 acres in Phoenix, Arizona. Located at 3755 West Van Buren Street and completed in October 2024, the single-tenant building is situated in Phoenix’s sought-after Sky Harbor Airport submarket. The property is 100% leased to Winsupply Inc., a leading supplier of residential, commercial construction, and industrial products.
The property was acquired by real estate investment management firm, Stockbridge.
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Will Strong, Molly Hunt, Michael Matchett, Jack Stamets, and Madeline Warren of Cushman & Wakefield’s National Industrial Advisory Group—Mountain West represented the seller in the transaction.
CBRE’s Cooper Fratt and John Werstler provided local market leasing advisory.
“The successful sale of Cove Logistics Center reflects the strength of both the asset and the Sky Harbor submarket,” said Todd Weiss, Chief Operating Officer at ViaWest Group. “This transaction underscores our team’s ability to execute on every phase—from site selection to development and lease-up—delivering institutional-grade product that aligns with tenant needs and investor demand.”
“Cove Logistics Center was a standout opportunity — Class A construction, prime freeway access, and a location in one of Phoenix’s fastest-growing industrial hubs. With a long-term credit tenant in place, it checked all the boxes for investors and ultimately led to a very successful sale,” said Molly Hunt.
Cove Logistics Center features prominent identity at Van Buren Street and 37th Avenue. The building contains roughly 4,000 SF of office space, 32-foot clear height, 25 dock-high and 2 drive-in doors, 100% HVAC, heavy power, ample parking, and ESFR sprinklers. The strategic location is near the intersection of I-10, I-17, and Loop 202, and is also proximate to the airport, Union Pacific Railroad, and Downtown Phoenix.
“The Airport submarket is one of the most dynamic industrial hubs in the region — resilient, in-demand, and consistently on the radar of institutional investors and major occupiers. Strong leasing activity and interest from key sectors like logistics, manufacturing, and e-commerce continue to drive momentum,” said Will Strong.
