Popular on Rezul
- Still Using Ice? FrostSkin Reinvents Hydration - 138
- Ice Melts. Infrastructure Fails. What Happens to Clean Water? - 102
- Cold. Clean. Anywhere. Meet FrostSkin
- Purple Heart Recipient Honored by Hall of Fame Son In Viral Tribute Sparking National Conversation on Service Fatherhood, Healing and Legacy
- Majestic CA Fire & Disaster Safe Haven/VIP Ranch Retreat w/ Extraordinary Water Resources
- François Arnaud, star of Heated Rivalry, is the real-life inspiration behind Christopher Stoddard's novel At Night Only
- The Legal AI Showdown: Westlaw, Lexis, ChatGPT… or EvenSteven?
- Specializing in Concrete Cleaning & Sealing, Titan Pressure Washing of Stuart Florida Showcases Their Process in Video Demonstration
- Finland's €1.3 Billion Digital Gambling Market Faces Regulatory Tug-of-War as Player Protection Debate Intensifies
- iFLO Pro Launches Its Groundbreaking iFLO Pro Mini At The 2026 AHR Expo In Las Vegas
Similar on Rezul
- ConnectNeighbors.com Surpasses 10,000 Neighborhood Websites Nationwide
- Intellitary Launches Zero Cost U.S. Brokerage Program That Pays Offices to Participate
- Available Now 2214 Concession 10 Road, Ramara | $519,000 A move-in ready 4-bedroom family home on
- Vallejo Housing Market Gives Buyers Something They Haven't Seen in a While: Breathing Room
- American Properties Realty, Inc. Leadership Attends NAHB International Builders' Show in Florida
- River Hall welcomes Dream Finders Homes
- Discover the New and Easy Way to Sell Your House!
- DASH Carolina Agents Named to 2026 Triangle Real Producers Top 500
- All-Brick Family Home with In-Law Suite Available in Barrie's Allandale Heights — $779,900
- CJV Real Estate Introduces Fully Renovated Littleton Home with Extensive Upgrades
Westmount Realty Capital Grows National Investment Portfolio with Latest Arizona Acquisition
Rezul News/10527465
PHOENIX - Rezul -- Westmount Realty Capital, LLC announced the acquisition of Mountain Vista Commerce Center, a three-building, 134,713-square-foot multi-tenant industrial flex property, in Phoenix's high-wealth Ahwatukee Foothills area also known as Silicon Desert. Located at 14647 South 50th Street fronting Interstate 10, the acquisition is Westmount's first industrial flex space in Arizona.
The property was built in 1999 and is 62% occupied with 50,862 square feet of vacancy. The anchor tenant Cognizant Trizetto, a healthcare IT services provider, occupies 38% of the modern corporate office space while six wellness and fitness-related businesses occupy another 32%. One building is configured for corporate office use built out with modern standard design and finishes while the other two buildings are configured for showroom/training and office/warehouse spaces with 18-foot, clear-height dock doors.
More on Rezul News
"Silicon Desert is nationally renowned for attracting strong international technology and financial services corporations," said Brian Scruggs, Westmount's managing director of industrial acquisitions. "The facility is in a land-constrained infill location that is well built out with limited sites available for competitive new development. As demand for state-of-the-art industrial flex properties like Mountain Vista continues to increase, the limits on supply will result in the highest upside potential in rent, income and value."
Intel is the largest area employer in Silicon Desert with more than 11,000 employees, contributing an annual economic impact of $5.3 billion. Other employers include Amazon, Avnet, Verizon, Bank of America, GoDaddy and Shutterfly, which has created a robust demand for the area. Mountain Vista is located just 1 mile south of the new Loop 202 South Mountain Freeway, which opened in 2019. Loop 202 has relieved congestion along Interstate 10, reducing commute times up to 45 minutes. The property is also 15 minutes north of Sky Harbor International Airport.
More on Rezul News
"We currently have three multifamily properties in Arizona, so we've had our eye on this area for many years," said Brant Brown, COO & CFO of Westmount. "A high quality of life, lower cost of living, young and talented workforce, business-friendly environment and a surging innovation ecosystem will keep our portfolio dynamic and thriving."
###
About Westmount Realty Capital
Westmount Realty Capital, LLC is a time-tested, privately held, Dallas-based commercial real estate company that has achieved exceptional performance, with a core team in place, for more than 30 years. Westmount is seen as an innovator and leading-edge company in the industry and is a relationship-driven trusted operating partner of numerous U.S. and foreign institutional and private capital sources. The company is active within the U.S., specializing in value add and opportunistic investments, and has navigated successfully through multiple market cycles. For additional information, contact www.westmountrc.com. (http://www.westmountrc.com/)
The property was built in 1999 and is 62% occupied with 50,862 square feet of vacancy. The anchor tenant Cognizant Trizetto, a healthcare IT services provider, occupies 38% of the modern corporate office space while six wellness and fitness-related businesses occupy another 32%. One building is configured for corporate office use built out with modern standard design and finishes while the other two buildings are configured for showroom/training and office/warehouse spaces with 18-foot, clear-height dock doors.
More on Rezul News
- Training Lofts Launches $1,099 Unlimited Training Membership Featuring Semi-Private Coaching, Nutrition Support, and Recovery Services
- Available Now 2214 Concession 10 Road, Ramara | $519,000 A move-in ready 4-bedroom family home on
- Vallejo Housing Market Gives Buyers Something They Haven't Seen in a While: Breathing Room
- American Properties Realty, Inc. Leadership Attends NAHB International Builders' Show in Florida
- River Hall welcomes Dream Finders Homes
"Silicon Desert is nationally renowned for attracting strong international technology and financial services corporations," said Brian Scruggs, Westmount's managing director of industrial acquisitions. "The facility is in a land-constrained infill location that is well built out with limited sites available for competitive new development. As demand for state-of-the-art industrial flex properties like Mountain Vista continues to increase, the limits on supply will result in the highest upside potential in rent, income and value."
Intel is the largest area employer in Silicon Desert with more than 11,000 employees, contributing an annual economic impact of $5.3 billion. Other employers include Amazon, Avnet, Verizon, Bank of America, GoDaddy and Shutterfly, which has created a robust demand for the area. Mountain Vista is located just 1 mile south of the new Loop 202 South Mountain Freeway, which opened in 2019. Loop 202 has relieved congestion along Interstate 10, reducing commute times up to 45 minutes. The property is also 15 minutes north of Sky Harbor International Airport.
More on Rezul News
- Discover the New and Easy Way to Sell Your House!
- DASH Carolina Agents Named to 2026 Triangle Real Producers Top 500
- $317M Revenue and a Clear Path to $1B: $IQST is Positioned for a Major Profitability Inflection
- ASI Hosts 2026 Executive Business Summit for Global Partner Community
- Pastor Saeed Abedini Releases THE TRUTH – Volume 1, A Deeply Personal Story of Faith, Struggle, and Redemption
"We currently have three multifamily properties in Arizona, so we've had our eye on this area for many years," said Brant Brown, COO & CFO of Westmount. "A high quality of life, lower cost of living, young and talented workforce, business-friendly environment and a surging innovation ecosystem will keep our portfolio dynamic and thriving."
###
About Westmount Realty Capital
Westmount Realty Capital, LLC is a time-tested, privately held, Dallas-based commercial real estate company that has achieved exceptional performance, with a core team in place, for more than 30 years. Westmount is seen as an innovator and leading-edge company in the industry and is a relationship-driven trusted operating partner of numerous U.S. and foreign institutional and private capital sources. The company is active within the U.S., specializing in value add and opportunistic investments, and has navigated successfully through multiple market cycles. For additional information, contact www.westmountrc.com. (http://www.westmountrc.com/)
Source: Dala Communications
Filed Under: Real Estate
0 Comments
Latest on Rezul News
- Award-Winning Director Crystal J. Huang's Under-$50K Film "The Ritual House" Wins Best Horror Feature at Golden State Film Festival
- Stonewood Cottage Coworking Nominated for Best Coworking Space in the Best of North Carolina Awards
- Grads aren't getting hired — here's what we're doing about it
- Gemini Community Brings Affordable New Homes to Splendora Near Valley Ranch Growth
- K2 Integrity Enhances Technology Capabilities Through Acquisition of Leviathan Security Group
- #WeAreGreekWarriors Comes to Detroit in Celebration of Women's History Month
- Club4Fitness Signs Lease at Townshire Shopping Center in Bryan, Texas
- Energywise Solutions and Pickleball Pros Partner to Bring More Energy and Visibility to Pickleball Clubs
- Buildout Launches CRM, Completing the Industry's First AI-Powered End-to-End Deal Engine for CRE
- The Franchise King® Releases Free Guide for Nervous Buyers
- Kanguro Insurance Taps Paylode to Launch Best-in-Class Pet and Renters Insurance Rewards Experience
- CCHR: CIA Mind-Control Files Raise Urgent Questions as Millions Take Psychotropic Drugs
- NRx Pharmaceuticals Launches Breakthrough One-Day Treatment Clinic in Florida as FDA Pathway and Clinical Data Strengthen Growth Outlook; $NRXP
- Revenue Optics Launches Talent Infrastructure Platform for SaaS Revenue Hiring and Appoints Sabz Kaur to Lead Growth
- Building a Multi-Domain Autonomous Systems Platform at the Intersection of AI, Defense and Infrastructure: VisionWave Holdings (N A S D A Q: VWAV)
- Bent Danholm Named "Top Luxury Real Estate Leader" in Modern Luxury Miami
- Author Ken Mora to Celebrate New Caravaggio Book Debut with Special Event at Palazzo Venezia Naples
- Locale Homes launches "Locale Legend" campaign to celebrate everyday heroes in the community
- Matthew Sisneros Releases Raw and Unfiltered Memoir: The Devil Lost Another One — A Powerful Story of Crime, Consequence, and Redemption
- From Life to Light: Jess L. Martinez Shares a Soulful Poetry Collection That Explores What It Means to Be Human