US Capital Development (“USCD”) sold Falcon Park 303, a 326,018-square-foot industrial building, to EQT Exeter for $50 million. The new Class A industrial building sits on over 21 acres in Glendale. The freestanding building was delivered on a speculative basis in 2023 and is 100% leased to a single tenant. The building is part of a larger, new, modern industrial campus totaling 925,504 square feet situated on nearly 60 acres. It was built on a defunct golf course.

Located at 15132 and 15152 West Camelback Road, respectively, Falcon Park 303—Phase I and II are situated in a core bulk-related warehouse location minutes from multiple major freeways, including Loop 303, Loop 101, and Interstate 17. It is also less than a six-hour drive to the Port of Los Angeles and Long Beach and has complete transportation linkages via air, rail, and ground.

A Cushman & Wakefield team led by Will Strong represented USCD.