The three-building Class A industrial property, located at 5801 and 6301 East 10th Ave., features a 978,164-square-foot distribution and light assembly warehouse (phase one) and two newly constructed state-of-the-art distribution buildings totaling 602,657 square feet (phase two).

The building features one-, two- and three-bedroom units range from 791 square feet to nearly 1,400 square feet with rents ranging from $1,115 to $1,698. The project is currently 93% occupied.

In this EXCLUSIVE, Roy Anderson of AEI Consultants discusses the requirements for seismic upgrades in California, and how building owners and managers can ensure properties are in compliance.

The investment firm secures $86.5 million in construction financing to build the Westin by Marriott hotel in Tempe.