September 19, 2025

IDI Logistics Acquires Industrial Property in Phoenix

News Summary

IDI Logistics has successfully acquired a 101,794 square-foot industrial property located at 3302 W. Washington St. in Phoenix for $20 million. The facility, which is currently vacant, features a clear height of 32 feet, 12 dock-high doors, and four drive-in doors. This acquisition is part of IDI’s strategy to expand their logistics capabilities amidst growing demand in the region. CBRE facilitated the transaction, serving as agents for both the buyer and the seller, Atlas Capital Partners. The investment highlights the importance of well-positioned industrial spaces in today’s evolving logistics landscape.

Phoenix

IDI Logistics has successfully acquired an industrial property in Phoenix, located at 3302 W. Washington St., for $20 million. The 101,794 square-foot building sits on a 5.2-acre plot of land and is currently vacant.

The facility boasts a clear height of 32 feet and includes 12 dock-high doors along with four drive-in doors. In addition, the property features a fully secured 140-foot truck court, which enhances its utility for logistics operations.

The acquisition was facilitated by a team of representatives from CBRE, including Tanner Ferrandi, John Wrestler, and Cooper Pratt. This team acted on behalf of both the buyer, IDI Logistics, and the seller, Atlas Capital Partners, during the transaction. Following the purchase, the CBRE team has also been designated as the listing agents for the property.

Property Specifications

The industrial property encompasses a total area of 101,794 square feet, making it suitable for a range of logistics and distribution operations. The building’s 12 dock-high doors are ideal for loading and unloading goods efficiently, while the four drive-in doors provide additional access for various types of shipments. The 32-foot clear height of the building allows for versatile use of vertical space, which is crucial for maximizing storage capacity.

Transaction Details

IDI Logistics, recognizing the strategic importance of the location, made a total investment of $20 million in the acquisition. This investment reflects the growing demand for logistics facilities in the Phoenix area, driven by the region’s robust economic growth and its central position for freight distribution.

Significance of the Acquisition

The acquisition of this industrial property is significant in the context of the increasing need for logistics spaces in urban areas. With e-commerce and delivery services on the rise, having access to well-positioned industrial properties is vital for companies looking to ensure efficiency in their supply chain management.

Background Context

IDI Logistics is a recognized player in the logistics and supply chain management sector, known for investing in strategically located industrial properties. The company aims to facilitate the growing demand for distribution space across key metropolitan areas. The acquisition from Atlas Capital Partners aligns with IDI Logistics’ objectives to expand its portfolio and enhance its operational capabilities.

As the logistics market continues to evolve, acquisitions like this one reflect broader trends in industrial real estate, where accessibility and functionality are paramount. Properties such as the one at 3302 W. Washington St. are poised to meet the operational needs of businesses at a time when efficiency is crucial for competitive advantage in the market.

The acquisition has also been noted for the involvement of CBRE, a leading commercial real estate services firm that operates globally. The firm’s expertise in facilitating such transactions ensures that both buyers and sellers can navigate the complexities of real estate deals effectively.

In conclusion, IDI Logistics’ acquisition of the industrial property in Phoenix marks a notable transaction in the ongoing development of the area’s logistics infrastructure, reflecting the importance of industrial space in supporting economic growth and distribution networks.

Deeper Dive: News & Info About This Topic

HERE Resources

Bowers and Kubota Consulting Acquires Office Building in Honolulu
Jersey City Secures $255 Million in Real Estate Refinancing
Data Center Development Poised to Transform Beaver Dam
Collision Closes Southbound Lanes of Loop 303 in Phoenix
Phoenix Storm Leaves Grandmother and Disabled Grandson Homeless
Phoenix’s Luxury Apartment Boom: High-End Living Spaces
Cheryl Lombard Appointed CEO of NAIOP Arizona
Record Transactions Transform Arizona’s Real Estate Market
Shopoff Realty Secures $52 Million for Mesa Industrial Project
Phoenix’s Commercial Real Estate Market Transformation

Additional Resources

Author: STAFF HERE PHOENIX WRITER

PHOENIX STAFF WRITER The PHOENIX STAFF WRITER represents the experienced team at HEREPhoenix.com, your go-to source for actionable local news and information in Phoenix, Maricopa County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Waste Management Phoenix Open, Cactus League Spring Training, and Arizona State Fair. Our coverage extends to key organizations like the Greater Phoenix Chamber of Commerce and Visit Phoenix, plus leading businesses in technology and healthcare that power the local economy such as Intel and Banner Health. As part of the broader HERE network, including HERETucson.com, we provide comprehensive, credible insights into Arizona's dynamic landscape.

STAFF HERE PHOENIX WRITER

Stay Connected

More Updates

China Airlines Airbus A350 aircraft at Phoenix airport

Would You Like To Add Your Business?

Submit