Litchfield
Phoenix Metro, Arizona
DXD's first facility to open, Litchfield Park is a massive 129,501 square foot facility managed by Public Storage. It has exceeded leasing volacity expectations by a wide margin, Within just seven months, it achieved a 40% occupancy rate, validating DXD's data-driven approach to site selection. Situated in the thriving Phoenix suburb of Litchfield Park, this facility has captured the attention of both new Arizona residents and long-standing locals. The area has experienced substantial growth, especially since 2020, and will remain a sought-after destination for the open spaces and favorable climate. This store will be a gem in the desert for years to come.
Fund
Fund I
Status
Leasing
Gross Square Footage
129,501 gross sq
Target Gross Levered 4 Year IRR
30.8%
Investment Type
Leasing Investment