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Saturday, Feb 4, 2023
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Westcore Sells Phoenix Industrial Building

A real estate investment firm based in San Diego has sold a Phoenix industrial building for an undisclosed price.

Westcore with headquarters in UTC sold the 380,000 square-foot building at 8001 Buckeye Road to affiliates of KKR.

Westcore originally purchased the West Buckeye Road property, known as West80, from a joint venture between Phoenix-based Wentworth Property Company and a private real estate fund managed by Dallas-based Crow Holdings Capital when construction was completed in August 2019.

The building has an ESFR sprinkler system, 36-foot clear height, cross-dock loading, an office suite and a fully secured property with drive around capabilities.

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Will Strong, Greer Oliver, Mike Haenel and Andy Markham of Cushman & Wakefield represented Westcore in the sale. Haenel and Markham also brokered the lease with ABB Inc., a wholly owned subsidiary of ABB, that leased 100% of West80 this spring. KKR represented itself.

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