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What $165 Million Can Buy for Retail Distribution Centers Serving US Cities

Here’s a Comparison of Sales Around San Diego, Phoenix and Richmond, Virginia
Williams-Sonoma fully leases The Cubes at Glendale, a 1.2 million-square-foot industrial development in the Phoenix area, rendering above. (CoStar)
Williams-Sonoma fully leases The Cubes at Glendale, a 1.2 million-square-foot industrial development in the Phoenix area, rendering above. (CoStar)
CoStar News
March 23, 2023 | 10:34 P.M.

Single-tenant warehouses have long been popular among investors looking for a reliable return, but with the arrival of the pandemic and subsequent spike in e-commerce activity, the demand for industrial properties leased to national retailers is soaring.

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