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Phoenix & Southwest  + Arizona  + Industrial  | 
SA Logistics

Marana Warehouse Trades to BlackRock for $50M

Southern Arizona Logistics Center Building #2, a 435,023-square-foot concrete tilt-up warehouse at 10070 W. Clark Farm Blvd. in Marana, was sold for $50.4 million. The seller was Flint Development, and the buyer was BlackRock. A tenant has not yet been disclosed.

The property was marketed by CBRE’s Tim Healy and John Werstler and Tanner Ferrandi (CBRE Phoenix) served as listing brokers for the sale. Rob Glaser of Cushman & Wakefield | PICOR, with Steve Shields and Peter Wessling of Transportation Property Company of California, represented the buyer.

Completed in 2023, the facility was designed for modern warehousing and high-volume distribution, with 88 dock doors, four drive-in doors, 133 trailer spaces, 243 parking spaces, and a 36-foot clear height. The property sits on 36.43 acres within the Southern Arizona Logistics Center subdivision, a master-planned industrial setting built for large-scale warehousing.

Don’t Miss Carter Andrus, Chief Operating Officer of Prologis, as the keynote interview at Connect Industrial Midwest.— taking place Tuesday afternoon, March 10, 2026, at Joe’s Live in Rosemont, IL.

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Flint Development

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

  • ◦Sale/Acquisition
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