
Jacuzzi Eases into Glendale Industrial Park
MDH Partners has secured a 143,520-square-foot lease agreement with Jacuzzi Group at Kentwood 303, a two-building industrial park in Glendale, Ariz. A subsidiary of the global manufacturer and distributor of luxury bath, spa and hydrotherapy products will fully occupy the property’s Building A. JLL negotiated on behalf of the landlord.
With this new Glendale facility, Jacuzzi Bath Remodel will double its manufacturing and distribution capacities. The location will serve the brand’s retail stores across the Western U.S.
MDH purchased Kentwood 303 in April for $42 million. Completed in 2021, the 271,400-square-foot industrial park occupies a 23-acre site at 6051 and 6075 N. Cotton Lane. Both buildings have 28-foot clear heights and a total of 504 parking spots.
MDH Partners’ Phoenix footprint encompasses more than 1.3 million square feet. The firm recently expanded its portfolio into new markets including California, Minnesota, Maryland, Indiana, Illinois and Pennsylvania, currently owning more than 85 assets across 20 states.
- ◦Lease