Simone Charitable Foundation, a Scottsdale-based philanthropic organization with assets totaling approximately $109.4 million, acquired a newly built distribution center in Gilbert, Arizona, from Atlas Capital Partners for $26.8 million, or approximately $443 per square foot.
PepsiCo build-to-suit distribution center in high-demand area acquired by charitable trust
Phoenix-area industrial facility developed in Gilbert, Arizona, by Atlas Capital Partners fetches $26.8 million sale price
By Clarice King with
November 13, 2025 | 8:12 P.M.
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IN THIS ARTICLE
- Properties
- Companies
- Colliers
Real Estate
- Cushman & Wakefield
Real Estate
- Contacts
- Brian Ackerman
Executive Vice President, Colliers
- Will Strong
Executive Vice Chair, Cushman & Wakefield