The Pegasus Portfolio Industrial | 7,306,676 SF

Leasing Contact

Equus Management Company - AZ, LLC Phoenix Office: (602) 586-2850 Tucson Office: (520) 888-1505

Property Description

The Pegasus Portfolio is a 7,306,676 square-foot industrial portfolio, consisting of 342 buildings in 74 business parks. Approximately 85% of the portfolio is located across six strategic sub-markets in Phoenix and about 15% of the portfolio is in Tucson; both metropolitan areas are some of the top growth markets in the United States and poised for continued economic expansion.

The diversified portfolio includes a tenant roster that spans twenty-two different industry segments. Capitalizing on economies of scale, the diversified tenant roster and geographic locations provide for tenant expansion and incubation while maintaining a balanced cash flow stream. The 7.3 million square-foot portfolio includes industries spanning e-commerce, logistic providers, manufacturing, business-to-business, and business-to-consumer uses with no tenant industry accounting for more than 25% of the revenue. The strong historical occupancy and short-term nature of the rent roll provide for an immediate value expansion through mark-to-market of rental rates and lease duration expansion.  The micro-location of each asset is favorably positioned to capture continued business in-migration across the state of Arizona.