GO Industrial buys vacant Glendale industrial building
GO Industrial, a developer, owner and operator of institutional quality industrial and e-commerce real estate in the Southwest U.S., bought a freestanding 75,000-square-foot Class A industrial …
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BUSINESS
GO Industrial buys vacant Glendale industrial building
(Cushman-Wakefield Hospitality/Marketing)
This vacant 75,000-square-foot industrial building at 10950 W. Northview Ave., Glendale was recently purchased by GO Industrial. Cushman & Wakefield announced the sale July 1.
Posted
GO Industrial, a developer, owner and operator of institutional quality industrial and e-commerce real estate in the Southwest U.S., bought a freestanding 75,000-square-foot Class A industrial building in Glendale, as announced July 1.
This vacant building is situated on 6.41 acres at 10950 West Northview Ave., includes a ±1.23 acre paved, secured and lite yard. Cushman & Wakefield advised the sale for an undisclosed amount.
The seller was Realterm, an independent global investment manager focused on the transportation industry.
Cushman & Wakefield’s Private Capital Group in Phoenix consisting of Phil Haenel, Will Strong, Foster Bundy, and Katie Repine represented the seller. Cushman & Wakefield’s Mike Haenel, Andy Markham and Phil Haenel were also hired by the buyer to head leasing services.
“This asset offers a rare blend of prime location, modern functionality, and value-add potential. With a limited supply of freestanding industrial buildings under 100,000 SF in the area, properties of this caliber are well-positioned for sustained demand, high occupancy, and long-term value appreciation,” Bundy stated in a press release.
The vacant building is situated near Loop 101, with convenient access to I-10 and I-17. Tthe location offers connectivity and ease of access for distribution and operational needs.
Additionally 10950 W. Northview Ave., is less than a six-hour drive from the Ports of Los Angeles and Long Beach.
“The property features 22-foot clear height, ample dock-high loading positions, and a secured and illuminated ±1.23-acre lot. This yard provides tenants with flexibility for industrial outdoor storage or additional parking, a highly desirable amenity that distinguishes the property from others in the area,” Haenel stated.
The Southwest Valley submarket continues to experience accelerated demand. According to Cushman & Wakefield, the Southwest Valley reported 1.9 million square feet of leasing activity coupled with 930,300 SF of positive net absorption in Q1 2025, leading all Phoenix Metro submarkets in both categories.
