Large-acreage infill is the rarest commodity in industrial real estate.
It is increasingly so in the Phoenix Southeast Valley, where the freeway grid, airport adjacency, and supply-chain dynamics have driven absorption to multiples of historical norms. The Hub at 202 is one of the last contiguous parcels of scale developed in the submarket.
Central plaza. Pedestrian amenity engineered into one of the last contiguous large-acreage parcels in the submarket.
Conceptual Rendering
The 88.5-acre site delivers a ten-building Class A master-planned industrial park totaling approximately 1.5 million square feet, sited along the Loop 202 industrial corridor in proximity to Phoenix-Mesa Gateway Airport. The campus is engineered for the modern industrial tenant: institutional clear heights, dock-loading configurations, secured truck courts, and the building footprint diversity required to serve everything from regional distribution to advanced manufacturing.
Corridor elevation. Ten buildings totaling roughly 1.5 million square feet of Class A product.
Conceptual Rendering
The location captures direct freeway access to the entire Phoenix MSA via Loop 202, with one-day truck reach into Southern California, Nevada, New Mexico, Denver, Utah, and Texas. The Hub at 202 represents the institutional industrial discipline that defines Phoenix’s logistics expansion. Assembling rare large-acreage infill industrial Phoenix sites, structuring capital, executing entitlement, and delivering Class A product into a tenant market that has been demand-constrained for nearly a decade is the work, and the kind of work that compounds across cycles.
Large-acreage infill is the scarcest commodity in Southeast Valley industrial. Even after Greater Phoenix delivered a record 34.8M SF in 2024, direct vacancy in established product built in 2022 or earlier sat at just 3.4 percent, and rents had climbed more than 60 percent in the three years through 2024. The Hub at 202 answers that scarcity with fully entitled, modern Class A product on the Loop 202 corridor.
THESIS
Market Position · Data Sheet
04 STATS
Established Vacancy
Just
3.4%
Direct vacancy, Phoenix industrial built 2022 or earlier, Q4 2024.
Rent Growth
Up
61.3%
Greater Phoenix industrial rents, three years through Q4 2024..
Net Absorption
About
15.5M SF
Phoenix net absorption in 2024.
Record Supply Absorbed
About
34.8M SF
Phoenix’s record annual industrial delivery in 2024.
Market Data
Colliers Arizona Industrial Report 24Q4
Rents up more than 60 percent in the three years through 2024. Nineteen straight quarters of demand above one million square feet through the fourth quarter of 2024.
The long-cycle program that produces a Class A pipeline rather than a single building.
