Updated Jul 29, 2025
Hillwood Acquires Blue Cactus Logistics Facility In Surprise Arizona For $44.5 Million From BlueScope Properties Group
13400 West Cactus Road
$44,500,000
$172/SF
Building Size
258,075 SF
Asset Type
Industrial
Closing
Jul 24, 2025
About this deal
AI
The property asset involved in the transaction is a fully leased logistics facility, known as Blue Cactus Logistics, located at 13400 West Cactus Road in Surprise, Arizona. The asset encompasses a total of 258,075 square feet and was sold for $44,500,000, reflecting a price per square foot of approximately $172.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $44,500,000
- Square Footage: 258,075
- Address: 13400 West Cactus Road
- Market: Surprise, AZ
- Buyer: Hillwood
- Seller: BlueScope Properties Group
The deal was facilitated by Hillwood, who acquired the property from BlueScope Properties Group, highlighting the interests of both prominent companies in the industrial real estate market.
On the Map
$44,500,000
$172/SF
Industrial
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Players
Surprise Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.36%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93