BlackRock Acquires Southern Arizona Logistics Center For $50.4 Million From Flint Development

On February 3, 2026, a warehouse property located at 10070 West Clark Farms Boulevard in Marana, Arizona, was sold for $50.4 million. This industrial asset spans 435,023 square feet and has a price per square foot of $116.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $50,400,000
• Sale Date: 02/03/2026
• Address: 10070 West Clark Farms Boulevard
• Market: Marana, AZ
• Square Footage: 435,023
• Price Per Square Foot: $116
• Buyer: BlackRock
• Seller: Flint Development
• Buyer's Representative: Peter Wessling & Steve Shields - Transportation Property Company
• Seller's Representative: Tim Healy, John Werstler, Tanner Ferrandi - CBRE & Robert Glaser - Cushman & Wakefield

This transaction involved notable representatives in the commercial real estate sector, with the seller being supported by Tim Healy, John Werstler, Tanner Ferrandi from CBRE, and Robert Glaser from Cushman & Wakefield working on behalf of Flint Development. BlackRock was represented by Peter Wessling and Steve Shields from Transportation Property Company in this significant industrial acquisition.