JLL Capital Markets has announced the sale of the Phoenix Infill IOS Portfolio, comprising eleven industrial outdoor storage properties totaling 280,000 square feet across 39 acres in Phoenix, Arizona. JLL represented the seller, Hanson Capital, in the transaction. The portfolio was acquired by Zenith Industrial Outdoor Storage, in partnership with institutional investors advised by J.P. Morgan Asset Management. The properties feature an average coverage ratio of 16%, dock-high loading capabilities, substantial electrical power infrastructure, and grade-level loading access, catering to the needs of IOS users. This transaction highlights continued institutional investor interest in the Phoenix industrial market.

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