MARANA, AZ (February 2, 2026) — A major Northwest Tucson industrial facility has quietly changed hands — and the most important detail is the one that isn’t being disclosed.
Southern Arizona Logistics Center (SALC) Building #2 is a 435,023-square-foot concrete tilt-up warehouse at 10070 W. Clark Farm Blvd. in Marana, and was sold for $50,462,671 ($116 PSF) in an investment sale to lease. It closed Jan. 28, 2026. The seller was Southern Arizona Logistics Center LLC, c/o Flint Development, and the buyer was ET Marana V LLC, c/o ElmTree Funds, now owned by BlackRock.
The property was marketed by CBRE, with Tim Healy as the primary contact, and John Werstler, SIOR, and Tanner Ferrandi (CBRE Phoenix) brokers on the sale. But while the sale itself is now public, one question still hangs in the air: who will occupy one of the largest newly built industrial buildings in the Marana market this year? The tenant was undisclosed and could not be confirmed, with everyone involved having signed NDAs. The transaction also shows an additional loan amount over the purchase price or $55,055,000 recorded (an $11-$12 PSF TIs) — a detail that will keep the market watching, because buildings of this scale don’t trade lightly and rarely do so without a clear end-user strategy…