Central Logistics Center

ViaWest Group acquired and redeveloped Central Logistics Center, a 408,668 square foot industrial campus in Central Phoenix. The project combined the renovation of an existing 76,000 square foot cold storage facility with the development of multiple new Class A industrial buildings designed to accommodate a range of logistics and distribution users. 

Following redevelopment, the campus achieved strong leasing performance with a diversified mix of national credit tenants. The property was sold in 2022 to an institutional buyer for $93.5 million, demonstrating ViaWest’s ability to unlock value through redevelopment in infill industrial markets.