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Provident Industrial Acquires 27 Acres to Develop a Class A Industrial Park in Phoenix
- Provident Industrial has acquired 27 acres in Phoenix, Arizona, to develop Aldea Exchange, a three-building Class A industrial park.
- The site is located at the corner of North 99th Avenue and W. Montebello Avenue, providing direct access to Loop 101.
- Aldea Exchange will consist of three Class A industrial buildings totaling 471,439 square feet, designed for logistics, distribution, and light manufacturing.
- Construction is set to begin in Q3 2026, marking a significant $80+ million investment in the Phoenix area.
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Provident Industrial Acquires 27 Acres to Develop a Class A Industrial Park in Phoenix
PHOENIX, Dec. 9, 2025 /PRNewswire/ – 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.
·New York, United States
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Developer secures land for Phoenix logistics park
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 se…
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Total News Sources12
Leaning Left2Leaning Right0Center5Last UpdatedBias Distribution71% Center
Bias Distribution
- 71% of the sources are Center
71% Center
L 29%
C 71%
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