The Business of PIR

Phoenix Industrial Redevelopment, LLC acquires, renovates, stabilizes, and holds value-add multi-tenant industrial properties in select markets in the Western US.

Properties of interest to PIR are multi-tenant industrial properties of from 20,000 to 200,000 square feet on a single site that have suite sizes from approximately 1,000 to 5,000 square feet per suite.

We look for properties that are ten to fifty years old, in need of light to substantial renovation, and possessing the potential for a significant increase in lease rates and occupancy when they are brought to a performance level similar to other comparable multi-tenant industrial properties in their respective submarkets.