ATLAS Capital Partners Develops Class A Industrial Hub; Simone Charitable Foundation Acquires Property with Colliers Representing Buyer
Phoenix (November 14, 2025) – A newly completed logistics facility in Gilbert, developed by ATLAS, a Scottsdale-based real estate investment and development firm, has been sold for $26.8 million. The 60,500 square-foot property, situated on just over eight acres at 3797 S. Silverado Ct., with immediate access to Loop 202 via both Gilbert and Lindsay roads, serves as a regional distribution center for Frito Lay PepsiCo.
“Gilbert continues to attract some of the most sophisticated industrial users in the country,” said Brian Ackerman, executive vice president with Colliers, who represents the buyer, Simone Charitable Foundation. “This acquisition reflects our client’s focus on long-term, high-quality real estate backed by strong credit tenants. The combination of location, building quality, and tenancy made this a highly compelling investment.”…