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AEW buys Phoenix-area industrial park for Nevada pension fund

Two-building Park 91 in Tolleson sells for $71.5 million
Park 91 is a two-building industrial park completed in 2024 in the Phoenix area. (CoStar)
Park 91 is a two-building industrial park completed in 2024 in the Phoenix area. (CoStar)
By Melissa Rosenberger with
CoStar Research
August 6, 2026 | 3:48 P.M.

AEW Capital Management has acquired Park 91, a two-building, 278,825-square-foot industrial park in Tolleson, Arizona, from Martens Development for $71.5 million, or about $256 per square foot.

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