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Phoenix Industrial Park Changes Hands as SteelWave Asset Reaches 100% Occupancy

March 10, 2026

SteelWave has completed the sale of a Phoenix-area industrial park following the achievement of 100% occupancy, attracting strong institutional buyer interest in the fully stabilized asset.The transaction reflects continued demand for high-quality, fully leased industrial properties in the Phoenix market. SteelWave’s ability to stabilize the asset prior to disposition is consistent with the firm’s value-add development and repositioning strategy across Western U.S. industrial markets.

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