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- Dalfen Industrial Expands in Phoenix with New 109,699 Sq. Ft. Acquisition
Dalfen Industrial Expands in Phoenix with New 109,699 Sq. Ft. Acquisition
Slice of Real Estate Team
November 14, 2024
Key Highlights:
Dalfen Industrial acquires 109,699-square-foot property at 3405 S 5th St, Phoenix.
Tenant: Collins Aerospace, subsidiary of Raytheon, Fortune 100 company.
Prime Location: Less than 2.5 miles from Phoenix Sky Harbor Airport and downtown.
Strategic Access: Immediate connectivity to I-17 and I-10, near top companies like Amazon.
Source: PR Newswire
Notable Quote:
“This acquisition underscores Dalfen Industrial’s strategy to expand our footprint in Phoenix’s best performing submarkets.”
Our Take:
Dalfen Industrial’s acquisition of 3405 Logistics at Sky Harbor marks a strategic enhancement of its last-mile logistics network in Phoenix’s competitive market. The location’s proximity to Phoenix Sky Harbor Airport and major transportation routes aligns with the growing demand for efficient urban logistics solutions. Fully leased to Collins Aerospace, a notable tenant with substantial credit stability, the property promises immediate returns while offering future rent escalation potential. Dalfen’s focus on high-demand industrial assets underscores its commitment to securing high-growth opportunities in prime urban submarkets, positioning the firm as a major player in the Western U.S. logistics landscape.