07/07/2026 | Press release | Distributed by Public on 07/07/2026 09:59
CT is pleased to announce the closing of its acquisition of 9630 N. 25th Avenue in Phoenix, Arizona - a rare infill acquisition in the heart of the North Central Phoenix submarket along the I-17 corridor.
The project will deliver two free-standing Class A industrial buildings of 64,500 and 54,470 square feet respectively, each featuring fully secured truck courts and 3,000 amps of power per building - a premium product configuration that is increasingly difficult to find in infill Phoenix locations. The site's central location along the I-17 corridor provides direct access to the region's major thoroughfares and dense labor pool, making it an ideal location to support the advanced manufacturers, aerospace companies, small businesses, and logistics-oriented tenants that fill many of the region's industrial properties.
"We are excited to bring two high-quality industrial assets to a premier infill submarket of the Phoenix metro," said Rob Huthnance, President of CT. "Delivering two free-standing buildings with fully secured truck courts in a supply-constrained infill location is exactly the kind of differentiated product our tenants and investors desire. This acquisition reflects our conviction in the long-term fundamentals of the Southwest industrial market and our ability to source and execute on compelling opportunities."
CT will serve as developer and operator on the project, with construction anticipated to commence in Q3 2026.
CT Realty is a national real estate and investment company headquartered in Dallas, Texas and Newport Beach, California. Since its establishment 30 years ago, CT Realty has completed over 300 transactions valued at more than $8 billion. CT is primarily focused on the investment of Class A industrial logistics developments throughout the U.S., having acquired 3,000 acres of industrial land since 2010. CT has active developments in Northern and Southern California, Dallas/Ft. Worth, Atlanta, Illinois, Indianapolis, Ohio and New Jersey, and continues to expand into new markets nationwide. To learn more, visit https://www.ctrinvestors.com