Stockbridge Acquires Tempe Industrial Portfolio

Thursday, 03, January , 2013 by

Stockbridge has completed its acquisition of two Class A industrial distribution buildings totaling 252,741 square feet in Tempe, AZ. Developed in 1995 and 1996, the properties are 100% leased to three tenants, and have maintained an average occupancy rate of 98% during the past ten years. Two of the tenants, collectively representing 85% of the