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Gantry Secures $33.1 Million Purchase Loan for Recently Completed Phoenix Warehouse at 303 Logistics

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  • Gantry Secures $33.1 Million Purchase Loan for Recently Completed Phoenix Warehouse at 303 Logistics
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October 10, 2025
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Real Estate Daily News Service
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303 Logistics303 Logistics Phase II Building One of Four Buildings Planned for West Valley Master Planned Project; Insurance Company Acquisition Loan Offers Non-Recourse and Interest Only Terms

Phoenix, Ariz. (October 10, 2025) – Gantry, the largest independent commercial mortgage banking firm in the U.S., has arranged a $33.1 million permanent loan for the acquisition of 303 Logistics Phase II, a state-of-the-art industrial facility located at 6701 N. Logistics Way in Litchfield Park, a fast-growing West Valley submarket of Metro Phoenix.

The 377,000-square-foot Class A building, situated on 26 acres, was completed in 2023 as the second phase of a four-building, master-planned logistics campus designed for large-footprint warehouse users. The facility is divisible for single or multi-tenant occupancy and features 36-foot clear heights, 190-foot concrete truck courts, 44 dock-high doors, two grade-level doors, 55 trailer parking stalls, 148 auto parking spaces, full warehouse HVAC and ESFR fire suppression systems, a spec office suite, and direct Loop 303 frontage with convenient Interstate 10 access.

Gantry’s Tim Storey, Principal; Chad Metzger, Senior Associate; and Andrew Christopherson, Associate, from the firm’s Phoenix production office, represented the borrower, a private real estate investor. The seven-year, fixed-rate, non-recourse loan was placed through one of Gantry’s correspondent insurance company lenders and includes full-term interest-only payments.

“Modern, large-footprint warehouse assets like 303 Logistics Phase II continue to attract investors and lenders alike,” said Tim Storey. “With long-term single-tenant leasing in place, our team engaged multiple correspondent lenders and ultimately secured a fixed-rate loan at maximum proceeds with full-term interest-only—optimized to the client’s desired debt-to-equity threshold for a legacy hold investment.”

For more than 30 years, Gantry has built its reputation on independent thinking and client-first service. As a privately held firm, Gantry operates intentionally outside industry consolidation trends—maintaining a personal, correspondent-driven platform that currently manages a $23 billion national servicing portfolio.

For more information, visit www.gantryinc.com

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