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CapRock Lands 597K-SF Lease at Loop 202 Industrial Park
CapRock Partners secured a 597,357-square-foot lease across two freestanding warehouse buildings at CapRock West 202 Logistics – Phase 2.
The tenant, a global advanced energy storage systems manufacturer, will occupy Buildings F and G, totaling 301,771 and 295,586 square feet, respectively. The transaction brings the 3.4-million-square-foot Class A campus to approximately 82% leased.
Phase 2 was completed in December 2025. It comprises three warehouse facilities totaling 825,000 square feet on 43 acres in the Southwest Phoenix industrial submarket.
In total, CapRock West 202 Logistics spans 183 acres and represents the first large-scale logistics campus along the Loop 202 South Mountain Freeway. According to CapRock, the project is Phoenix’s largest speculative industrial development. Payson MacWilliam, Don MacWilliam, and Casey Koziol of Colliers represented CapRock in the transaction and are leading leasing efforts for the project.
Upon full buildout, CapRock’s Phoenix-area portfolio will consist of approximately 7 million square feet of industrial space.
- ◦Lease
