MARANA, AZ (February 2, 2026) — A major Northwest Tucson industrial facility has quietly changed hands — and the most important detail is the one that isn’t being disclosed.
Southern Arizona Logistics Center (SALC) Building #2 is a 435,023-square-foot concrete tilt-up warehouse at 10070 W. Clark Farm Blvd. in Marana, and was sold for $50,462,671 ($116 PSF) in an investment sale to lease. It closed Jan. 28, 2026. The seller was Southern Arizona Logistics Center LLC, c/o Flint Development, and the buyer was ET Marana V LLC, c/o ElmTree Funds, now owned by BlackRock.
The property was marketed by CBRE, with Tim Healy as the primary contact, and John Werstler, SIOR, and Tanner Ferrandi (CBRE Phoenix) served as listing brokers for the sale. Rob Glaser, SIOR, CCIM, of Cushman & Wakefield | PICOR, with Steve Shields and Peter Wessling of Transportation Property Company of California, represented the buyer.
But while the sale itself is now public, one question still hangs in the air: who will occupy one of the largest newly built industrial properties? Everyone involved has signed NDAs. The transaction also shows an additional loan amount over the purchase price or $55,055,000 recorded (an $11-$12 PSF TIs) — a detail that will keep the market watching, because buildings of this scale don’t trade lightly and rarely do so without a clear end-user strategy.
Completed in 2023, the facility was designed for modern warehousing and high-volume distribution, with 88 dock doors, four drive-in doors, 133 trailer spaces, 243 parking spaces, and a 36-foot clear height. The property sits on 36.43 acres within the Southern Arizona Logistics Center subdivision, a master-planned industrial setting built for large-scale warehousing.
For brokers, users, and investors tracking the I-10 corridor, this is the kind of transaction that often precedes a headline — not just because of the price tag, but because the next move can signal what’s coming to the Northwest submarket: a regional distribution user, a national fulfillment operation, a major contractor, or another high-velocity logistics tenant drawn to trailer capacity, clear height, and immediate interstate access?