Oxford Properties Buys Six-Property Industrial Portfolio in Phoenix
Link Logistics sold off the 460,000-square-foot portfolio
By Mark Hallum November 9, 2026 3:10 pm
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Oxford Properties Group has purchased six industrial properties across three addresses in Phoenix and Tempe, Ariz., near Sky Harbor International Airport.
Oxford announced the acquisition of 440 West Fairmont Drive, 800 West Fairmont Drive and 2115 South 11th Avenue, but declined to name the seller or provide the sales price. A source with knowledge of the deal said the 460,000-square-foot light industrial portfolio traded for approximately $100 million.
The properties are known as the Sycamore Portfolio and were marketed by a Cushman & Wakefield team of Will Strong, Molly Miller, Jack Stamets, Michael Matchett and Madeline Warren. Revere CRE data, which listed the brokers, and a CBRE brochure indicate that Link Logistics is the seller.
“Industrial remains a critical part of Oxford’s U.S. platform and a high-conviction theme for us as we continue to strengthen our vertically integrated operating capabilities in light industrial,” Ankit Bhatt, head of U.S. investments at Oxford Properties, said in a statement. “Our ability to actively recycle capital in this sector allows us to remain responsive to changing market conditions, transact at scale through cycles, and point investment dollars toward highly functional, income-generating assets where we see the strongest relative value.”
Oxford’s industrial presence in Phoenix now covers 15 assets and approximately 1.2 million square feet, according to the firm.
In 2026, Oxford sold $400 million in properties within its portfolio while investing an equal amount in acquisitions and development, which this transaction is a part of.
“Sycamore adds durable income to our portfolio in regional submarkets where we already have a meaningful presence,” Bhatt added. “It also gives our boots-on-the-ground teams an opportunity to leverage their operational expertise to further enhance the performance of these assets over time.”
Link Logistics and C&W did not immediately respond to requests for comment.
Mark Hallum can be reached at mhallum@commercialobserver.com.
