By InBusiness Phoenix
Provident Industrial, a division of Dallas-based Provident, has acquired 27 acres in Phoenix, Arizona, for the development of Aldea Exchange, a three-building Class A industrial park. Located at the Southwest corner of North 99th Avenue and W. Montebello Avenue, the site is positioned at the heart of the 101 Corridor within Phoenix’s Southwest Valley submarket and offers visibility and direct access to Loop 101, enabling seamless connectivity to key West Coast logistics hubs, including Southern California, the Inland Empire, Las Vegas, and other major Western distribution markets.
Aldea Exchange will deliver three newly constructed Class A industrial buildings totaling 471,439 square feet, which will be designed to meet the needs of modern logistics, distribution, and light manufacturing users. The project will feature institutional-quality specifications and functionality that enhance operational efficiency and long-term value for tenants.
