YUMA, ARIZ. — Arlington, Va.-based FD Stonewater has acquired Alside Distribution Center in Yuma from Phoenix-based Merit Properties for an undisclosed price. Located at 7550 E. 30th St., Alside Distribution Center features 222,554 square feet of manufacturing and distribution space with 25-foot clear heights, 22 dock-high doors and trailer storage.
Alside, a division of Associated Materials, has occupied the single-tenant building since it was originally developed in 2005. The 21.1-arce site, which provides additional expansion opportunities, is under a ground lease owned by the tenant, with 74 years remaining. The tenant is a manufacturer and distributor of vinyl windows, siding and doors.
Barry Gabel, Chris Marchildon and Dan Calihan of CBRE represented the seller in the deal.