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The Tempe Freestanding Industrial Portfolio, a three-building, 175.7k sf infill industrial portfolio in Tempe, AZ, was acquired by Leon Industrial, a subsidiary of Dallas-based Leon Capital Group. The buildings are each 100% leased to single tenants and are well positioned in Phoenix’s Sky Harbor and Broadway Industrial submarkets, two of the region’s most sought-after industrial areas.

Consisting of three freestanding buildings located at 525 West 21st St (116.5k sf), 1917-1965 West 1st St (33.4k sf), and 1401 South Siesta Lane (25.8k sf), each asset offers immediate access to Phoenix Sky Harbor International Airport and SR-143 and I-10 freeways.