Provident Delivers Its 1st Phoenix Industrial Property in Glendale

Article originally posted on HERE on October 13, 2025

A division of Dallas-based Provident, Provident Industrial, recently announced the completion of its first development in the Phoenix industrial real estate market. Located at 6550 W. Orangewood Ave. in Glendale, Ariz., the Orangewood Commerce Center is a premier facility incorporating more than 292,000 square feet of class A Phoenix industrial and warehouse space.

Specifically designed to meet the demands of today’s industrial real estate users, the property features 36-foot clear height, 59 dock-high doors, superflat slab, four grade-level doors and a 290-foot secured concrete truck court with 76 trailer parking stalls. Additionally, Orangewood Commerce Center includes a 2,500-square-foot speculative office and HVAC warehouse.

Because Provident Industrial also placed high value on flexibility in its development, the property also offers configurations ranging from 100,000 square feet to full-building occupancy.

Of course, the commerce center is also well-positioned for logistics and distribution operations: It’s roughly 10 miles northwest of downtown Phoenix with easy access to U.S. 60, as well as loops 101 and 303 via Northern Parkway.

“As our first development in Phoenix, this project marks an exciting milestone for Provident,” said Chris Martin, who led the project. “We’re proud to deliver a quality building in one of the strongest markets in the country.”

Delivered on schedule, this completion comes at a time when modern industrial space is in high demand, making Orangewood Commerce Center highly attractive for tenants seeking flexible, state-of-the-art industrial facilities.

A vital region in the U.S. semiconductor onshoring effort, Phoenix had the third-largest industrial space pipeline with more than 16 million square feet under construction at the end of August 2025, as noted in our national industrial report.

Plus, Phoenix was one of the inland industrial markets to see some of the strongest outdoor storage rent growth year-over-year. Industrial sales here during the first eight months of the year totaled more than $1.8 million — the fourth-largest year-to-date sales volume. And, despite an increase of 180 basis points compared to the previous year, Phoenix claimed the lowest industrial vacancy rate among top Western U.S. markets in August.