A joint venture between Westcore Properties and Wentworth Property Co. has acquired a new 379,828-square-foot industrial property in Phoenix. The property traded hands for an undisclosed sum.

The property is a cross-dock, class-A building with ESFR sprinklers, 60-foot speed bays, 36-foot clear height and ample dock-high loading. The site also features all-concrete truck yards, trailer parking, multiple ingress and egress points.

Will Strong of Cushman & Wakefield represented the seller, while Westcore represented itself. Mike Haenel, Andy Markham and Phil Haenel of Cushman & Wakefield will handle the leasing on behalf of Westcore.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

Phoenix
Industrial
Capital Markets
West