JLL's Arizona industrial investment sales team turned the Phoenix metro into a logistics trade machine in 2025, closing 13 industrial transactions that totaled about $814 million and shifted more than 5.2 million square feet across the region. Those deals, spanning Avondale, Tempe and Casa Grande, helped the brokerage lock in top-broker recognition and underscored ongoing institutional appetite for modern logistics product.
According to ConnectCRE, the team's 2025 closings generated $813,886,737 in sales volume and covered more than 5.2 million square feet. The outlet credited Senior Director Greer Oliver, Associate Bryce Beecher and Analyst Virginia “Gigi” Martin as the core group and named the trio a Phoenix & Southwest Top Broker Award winner.
Big Ticket Industrial Trades Across The Valley
One headline deal was Fairway Commerce Center in Avondale, a 450,260-square-foot cross-dock distribution facility that sold for about $89.8 million late last year. JLL, which represented sellers Westfield Company Inc. and RGA ReCap, highlighted the property's 40-foot clear heights, 13,800 amps of power and a 10-year triple-net lease to the U.S. Postal Service.
The team also brokered the sale of Sight Logistics Park in Tempe, a roughly 357,100-square-foot building that traded for about $103.5 million, or roughly $289 to $290 per square foot, according to Traded. ConnectCRE pointed to those trades as record-setting comps for Arizona industrial investment deals.
Casa Grande Bet Shows Spec Space Can Trade
In Casa Grande, The Confluence, two newly built Class A buildings totaling about 325,334 square feet, sold to SkyREM in a January transaction reported by PR Newswire. The deal stood out as one of the earlier institutional purchases of speculative industrial product in the Casa Grande submarket and signaled investor interest along the I-8 and I-10 corridor.
What Phoenix Industrial Investors Are Tracking
Local market research indicates Phoenix has digested a heavy wave of new construction in recent years while sales activity has bounced back, creating a two-speed market where buyers stay selective yet still pay premiums for modern, well-located assets. Colliers has highlighted elevated deliveries along with solid sales volumes, a combination that helps explain why high-spec, single-tenant buildings continue to trade at tighter yields than older industrial stock.
“Fairway Commerce Center represents the convergence of best‑in‑class property specifications,” JLL Senior Director Greer Oliver said in the firm's release, summing up how the team positioned the West Valley asset for institutional capital. For Phoenix's industrial scene, the JLL team's 2025 closings now serve as fresh benchmarks that underwriters and investors are likely to lean on as they price deals heading into 2026.
