JLL secures $31M acquisition financing for fully leased industrial park in Mesa, AZ

PHOENIX, Nov. 12, 2025 –  JLL Capital Markets announced today it has arranged $31 million in acquisition financing for Tailwinds at Gateway, a 172,244-square-foot Class A industrial facility located in Mesa, Arizona.

JLL represented the borrower, McCarthy Cook & Co., to secure a balance sheet loan through a money center bank.

The newly constructed facility, completed in 2023, sits on 14.03 acres at 8017-8121 East Pecos Rd. in the Mesa Gateway submarket. The property comprises 10 buildings housing 24 tenants across unit sizes ranging from 2,286 square feet to 27,833 square feet, with an average suite size of 6,625 square feet.

Tailwinds at Gateway features best-in-class amenities including 22-foot clear heights, 48 grade-level doors, nine dock-high doors and 345 parking spaces. All warehouse spaces are fully air-conditioned with secured truck courts and convenient access via East Pecos Rd. and South 80th St.

The development achieved full occupancy within 24 months of construction completion. The property's diverse tenant roster includes nationally and internationally recognized tenants spanning logistics, manufacturing, and security technology sectors.

The Southeast Valley submarket has emerged as a national leader for semiconductor, aerospace and defense, electric vehicle and solar manufacturing industries. The region's proximity to Arizona State University, skilled labor availability and business-friendly environment have attracted diverse industrial users seeking modern, well-amenitized space.

The JLL Capital Markets team was led by Senior Director Jason Carlos, along with Analysts Nick Englhard and Lilley Kroll.

“The rapid lease-up and successful financing of Tailwinds at Gateway reflects both the strength of Phoenix's small bay industrial fundamentals and the growing institutional appetite for stabilized, income-producing assets even with perceptions around supply-concerns in certain markets,” said Carlos. “With most small bay industrial groundbreakings effectively halted due to elevated development costs, existing Class A properties like Tailwinds are increasingly scarce and valuable.”

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources, please visit JLL’s newsroom. 

For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500^® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 113,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY^SM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com. 

Founded in 1995 by Tom McCarthy and Edward Cook initially as the exclusive office joint venture partner of the Blackstone Group in the west, McCarthy Cook invests in major office, mixed use, life science, industrial and technology properties in the leading metropolitan markets of the western U.S. MCC is a disciplined investor and vertically integrated real estate operating company that co-invests with institutional partners including Oxford Properties Group, PGIM Real Estate, Northwestern Mutual Life, Northwood Investors, JP Morgan Investment Management, Morgan Stanley Real Estate, Alliance Bernstein Asset Management, and the Blackstone Group. McCarthy Cook has completed over $5.8 billion in transactions and manages a current portfolio of 3.2 million square feet of prime office, industrial, and life science projects. The firm has expertise in all facets of acquisitions, investment management, and institutional reporting with skills in asset and property management, leasing, entitlements, development, and construction management. MCC’s current portfolio includes China Basin in San Francisco (950,000 sq. ft.), The MET in Costa Mesa (825,000 sq. ft.), Lumen WLA (550,000 sq. ft.), Torrey Pines Business Park in San Diego (400,000 sq. ft.), and the 230,000 sq. ft. Sandler Neuroscience Center at the University of California San Francisco (a model public/private joint venture involving a $750 million capital lease and associated public bond financing). Our team is comprised of seasoned investment, development, and management professionals who execute projects with a special blend of entrepreneurial zeal and institutional expertise. We pride ourselves on our ability to build and maintain exceptional relationships with our business partners and tenants.