BUCKEYE, ARIZ. — MDH Partners has acquired KV Buckeye 10, a two-building industrial property located at 835 and 945 N. 215th Ave. in the Phoenix suburb of Buckeye, from Kentwood Ventures for $51 million.
Situated on 18.8 acres, KV Buckeye 10 features 249,600 square feet of Class A industrial space spread across two buildings. Built in 2023, the asset feature 535 car parking spaces and 28-foot clear heights. Building A is 115,200 square feet and Building B is 134,400 square feet, with each building offering 12 truck-well doors and six grade-level doors.
Currently KV Buckeye 10 is 60 percent leased to a variety of tenants, including the City of Buckeye; Hajoca, a privately held wholesale distributors of plumbing, heating and cooling, pool and industrial supplies; Safelite, a national automotive glass repair and replacement provider; and AVI, an international provider of communications and audio-visual technology.
Greer Oliver and Connor Nebeker-Hay of JLL represented the seller in the deal. John Lydon, Hagen Hyatt and Kelly Royle of JLL are handling leasing for the project.