Machine Investment Group Acquires The Hub @ 202 Industrial Park
Machine Investment Group, in partnership with Miramar Capital and Axonic Capital, has acquired The Hub @ 202, a 1.27 million-square-foot industrial park in Phoenix's Southeast Valley. The acquisition supports MIG's strategy of investing in high-demand industrial spaces to attract tenants in a rapidly expanding manufacturing corridor.
Theia Market Signal Identification - AI Assisted
Machine Investment Group (MIG) has acquired The Hub @ 202, a 1,271,390-square-foot industrial park, through a joint venture with Miramar Capital and Axonic Capital. The property consists of 10 buildings that range in size from 65,000 to 270,000 square feet, strategically located in a fast-growing industrial corridor.
MIG plans to further invest in creating move-in ready industrial suites to meet tenant demands. This acquisition aligns with ongoing regional growth, including significant investments from companies like Taiwan Semiconductor Manufacturing Company and LG Energy Solution, enhancing the leasing market. The deal indicates MIG's strategy to focus on high-demand markets with strong growth potential.
Comments