In July 2024, JDI entered its second joint venture with Four Walls to acquire a four-building industrial property spanning 112,909 square feet in Tucson, Arizona. The seller, one of Arizona’s largest nonprofit healthcare systems, had transformed the site into a call center 20 years prior. Taking advantage of the strong market, the venture plans to reposition the property for industrial use by removing the office modifications, enhancing the lighting, and installing loading docks and overhead doors.
.png)
