ATLAS Capital Partners Sells 29.4-Acre Industrial Site In Phoenix For $29.6 Million

An industrial site encompassing 29.4 acres located at 3030 South 7th Street in Phoenix, AZ, has been sold. The transaction, which occurred on April 30, 2025, involved a sale price of $29,600,000. The site is strategically situated in an Opportunity Zone near Sky Harbor and is leased through 2028.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $29,600,000
• Address: 3030 South 7th Street, Phoenix, AZ
• Asset Size: 29.4 acres
• Seller: ATLAS Capital Partners
• Market: Phoenix, AZ
• Intended Usage: Part of the Rio Reimagined initiative and supports the Rio Salado corridor revitalization

The brokers involved in this transaction are Foster Bundy, Phil Haenel, and Will Strong from Cushman & Wakefield, facilitating the sale on behalf of ATLAS Capital Partners. This deal is notable for its contribution to the long-term planning and development of the Phoenix area.