A California pension fund’s approximately $187 million purchase of a Mesa, Arizona, industrial building leased to Amazon underscores escalating warehouse demand in the Phoenix region, among the nation’s most active for industrial leasing and development.
California Pension Fund Makes Big Bet on Phoenix Region With Industrial Purchase
Deal for Amazon-Leased Warehouse in Mesa Among Largest of Past Year in High-Demand Area
By Lou Hirsh
CoStar News
August 17, 2022 | 11:50 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- Companies
- CalSTRS
Finance and Insurance
- The Carlyle Group
Finance and Insurance
- Martens Development Company
Real Estate