Provident Industrial Building $25M Valencia Airport Center Distribution Facility in Tucson

Provident Building $25M Tucson Distribution Center
CRE Market Beat Take
The project adds institutional-grade industrial supply to a constrained airport submarket, underscoring ongoing investor conviction in Tucson’s logistics positioning.

Provident Industrial has acquired a 10-acre site in Tucson, Arizona, to develop Valencia Airport Center, a 163,000-square-foot Class A distribution facility. The project is designed to deliver the Tucson market’s only institutional-quality vacancy with trailer parking, a fully concrete truck court, and perimeter fencing with controlled access aimed at improving security and on-site operations.

Construction on the $25 million development is already underway, with delivery targeted for the second quarter of 2027. Upon completion, Valencia Airport Center will add new Class A industrial space to one of Tucson’s most active industrial submarkets, expanding options for users seeking modern logistics and distribution facilities. The development is being led by Provident Industrial team members Chris Martin and Steven Nemer.

The property is positioned at the southwest corner of Palo Verde Road and Valencia Road, placing it in the core of the Tucson Airport submarket. This location offers direct connectivity to Mexico via Interstate 19 and links to major Western U.S. logistics corridors through Interstate 10, aligning the project with cross-border trade and regional distribution flows.

Valencia Airport Center marks Provident Industrial’s third project in Arizona and its first in Tucson, signaling the firm’s continued interest in the state’s industrial sector. The combination of modern building specifications, secured circulation areas, and strategic highway connectivity is expected to appeal to logistics and distribution users serving both regional and international supply chains.

In a related industry note, Connect Industrial West is scheduled for August 20 in Irvine, California, bringing together owners, investors, developers, brokers, lenders, and occupiers focused on industrial real estate across the Western U.S. The conference will feature market insights, dealmaking opportunities, and networking for sector participants.

Source:

Connect CRE
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