Updated Nov 6, 2026
Kentwood Ventures Fully Leases 314,453 Square Feet Industrial Development In Casa Grande, Arizona
1550 West Lawrence Street
Building Size
314,453 SF
Asset Type
Industrial
Closing
Nov 6, 2026
About this deal
AI
The property involved in this transaction is an industrial asset located at 1550 West Lawrence Street in Casa Grande, AZ. The total square footage of the asset is 314,453, and it features a fully leased structure to four tenants across various industries, including health care, packaging, HVAC distribution, and logistics.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 1550 West Lawrence Street, Casa Grande, AZ
- Market: Casa Grande, AZ
- Landlord: Jim Zemezonak - Kentwood Ventures
- Brokerages Involved: Anthony Lydon, John Lydon, Hagen Hyatt & Kelly Royle - JLL
- Asset Size: 314,453 square feet
The brokers representing this transaction are Anthony Lydon, John Lydon, Hagen Hyatt, and Kelly Royle from JLL. Kentwood Ventures’ plans to develop a second phase on the remaining 19 acres of the site was also disclosed.
On the Map
Industrial
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Players
Lawrence 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