Alignment Realty Capital

FOR SALE / FOR LEASE IN SCOTTSDALE AIRPARK 7363 E Tierra Buena is a 14,530 square foot flex industrial building in the highly sought after Scottsdale Airpark. The building features full air conditioning, 19' clear heights, a newly recoated roof with 10-year warranty, new paint, resurfaced parking lot, and more! 9,941 square feet is available to occupy March 1, 2025. Please reach out to Bob Kling (602-954-3751) for more information and to set up a tour.

JUST SOLD!! Thank you to Eric Bell and Michael Ciosek, SIOR for bringing us this deal back in 2021, leasing it, and selling it for us 3 years later! Zachary Olivet brought a great owner-user buyer to the table. Shoutout to Daphne Wright and Tonya Lively for navigating the transaction smoothly for everyone.

JUST SOLD!! Thank you to Eric Bell and Michael Ciosek, SIOR for bringing us this deal back in 2021, leasing it, and selling it for us 3 years later! Zachary Olivet brought a great owner-user buyer to the table. Shoutout to Daphne Wright and Tonya Lively for navigating the transaction smoothly for everyone.

New ?? photos of our Gilbert IOS site are?????

Alignment Realty Capital wishes you a happy 4th of July and a restful holiday weekend!

The team at Alignment Realty Capital spoke with Kevin McArthur to learn how Academy Bank is tackling today's market. Here the takeaways from today's "Capital Corner" with Ben Sacks and Jake Gallagher: Hot Takes: – Construction: It's business as usual for stronger developers. The bank is seeing a lot of construction of retail, industrial, and smaller multifamily deals. – Office: Banks are steering clear of office unless it's medical office. – Industrial: Spec industrial is still moving forwards in certain submarkets but lending appetite is decreasing. The bank will still entertain construction projects with signed leases.?It remains difficult for buyers of stabilized industrial assets to find deals that pencil. – Retail: Alive and well. Every pad site in Phoenix seems to have a new drive-thru development. Rents appear to be strong on stabilized properties. – Multifamily: The sector is softening and rents are flattening out, making some projects difficult to finance. I believe there will be some distress as existing multifamily loans with low interest rates continue to mature. Bank Lending Outlook: – The bank is still lending. ?Academy has been actively lending in Phoenix since I joined the team in 2022 and we are always looking to develop new relationships with quality borrowers. I would say the outlook for the bank is to know our swim lanes and play there. Right now we are actively looking at single tenant retail construction projects, smaller multifamily projects (under 40 units), stabilized industrial, medical office, and stabilized retail.?I don’t see the bank slowing down our Phoenix growth efforts any time soon. General State of the Market: – The real estate market seems to be tough for some investors because of elevated rates, but many investors are still looking to deploy capital for the right projects. – Investors today have a variety of options for yield investments such as CDs or treasuries. This has changed the risk/reward equation for new investments and raised the required returns necessary to move forwards on real estate projects.

Alignment Realty Capital has reached 1,000 Linkedin followers! Thank you to our community for engaging with us and supporting our journey. Let’s continue growing together!

Alignment is pleased to announce the $1,400,000 sale of 1.13 acres of land ($28.45/sf) adjacent to Phoenix Sky Harbor Airport. The land was acquired in August 2023 as part of Alignment's purchase of the adjacent 163,070 square foot industrial building. We are excited to welcome our new neighbor - an owner-user - who will build a new site for their plastering business. Thank you to the team at Rein & Grossoehme Commercial Real Estate (Max Schumacher, SIOR, Patrick Sheehan, and Jack Hansen) who created a competitive market for us and brought a great buyer.

Another year in the books! We are continuously grateful for our partners and service providers that help us source, capitalize, and execute quality investments. We enter "Year 5" with a continued mission to acquire fundamentally attractive real estate while also exploring opportunities to invest in real estate adjacent operating companies.

New to market for sale or lease! A rare, small-bay industrial property in the heart of the Deer Valley Airport submarket. The 22,453sf property features both grade and truckwell loading, 17' clear height, and direct frontage on Deer Valley Road. There is a 17,453sf vacant suite ready for immediate occupancy, with existing income provided by a leased 5,000sf suite in addition to billboard income. The property is a direct beneficiary of the recently expanded Taiwan Semiconductor fab plant in North Phoenix. Address: 225 West Deer Valley Road in Phoenix, AZ. Contact Eric Bell and Michael Ciosek, SIOR for lease and sale inquiries.