Updated Apr 30, 2026
Amazon Web Services Leases 1.2 Million Square Foot Industrial Facility In Buckeye Arizona
24105 West Southern Avenue
Building Size
1,200,000 SF
Asset Type
Industrial
Closing
Apr 29, 2026
About this deal
AI
An industrial facility with a total square footage of 1,200,000 has been leased at 24105 West Southern Avenue in Buckeye, Arizona. The property is owned by Parklane Development Group and Miramar Industrial Partners.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 24105 West Southern Avenue
- Market: Buckeye, AZ
- Landlord: Parklane Development Group & Miramar Industrial Partners
- Tenant: Matt Garman - Amazon Web Services
The leasing transaction was brokered by CBRE and Cushman & Wakefield, representing the parties involved in this significant deal.
Players
Buckeye Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93