GLENDALE, AZ — November 14, 2025 — A 34,000-square-foot manufacturing facility at 5818-5830 W Maryland Ave in Glendale, Arizona, has sold for $4,465,000, reflecting a price of $131.32 per square foot, according to transaction data from Rein & Grossoehme Commercial Real Estate (RGCRE). The sale closed on November 14, 2025.
The transaction was brokered by the Sheehan | Schumacher Industrial Team — Patrick Sheehan and Max Schumacher, SIOR — who specialize in industrial landlord representation across the Phoenix metropolitan area.
Key Highlights
- Property Address: 5818-5830 W Maryland Ave, Glendale, AZ
- Property Type: Manufacturing / Industrial Building
- Building Size: 34,000 SF
- Land Area: 1.99 acres (approximately 86,684 SF)
- Sale Price: $4,465,000
- Price Per Square Foot: $131.32
- Land-to-Building Ratio: 2.55:1
- Sale Date: November 14, 2025
- Brokerage: Rein & Grossoehme Commercial Real Estate
Transaction Overview
The 5818-5830 W Maryland Ave property is a manufacturing-configured industrial building situated on nearly two acres of land in Glendale's established west-side industrial corridor. The facility's generous land-to-building ratio of approximately 2.55:1 provides operational flexibility that is increasingly difficult to find in infill Phoenix submarkets, where industrial land supply continues to tighten.
"Manufacturing-use buildings with this kind of land coverage in an infill Glendale location are becoming scarce assets," said Max Schumacher, SIOR, of Rein & Grossoehme Commercial Real Estate. "The $131 per square foot pricing reflects both the functional utility of the improvements and the underlying land value in a corridor where replacement costs continue to climb."
The sale underscores continued investor and owner-user appetite for purpose-built manufacturing space in the Phoenix metro's western submarkets, where proximity to major transportation arteries and a deep industrial labor pool remain key demand drivers.
Deal Metrics Summary
| Metric | Detail |
|---|---|
| Address | 5818-5830 W Maryland Ave, Glendale, AZ |
| Property Type | Manufacturing / Industrial |
| Building SF | 34,000 |
| Land Area | 1.99 acres (~86,684 SF) |
| Sale Price | $4,465,000 |
| Price / SF (Building) | $131.32 |
| Implied Land Value / SF (Land) | ~$51.51 |
| Land-to-Building Ratio | 2.55:1 |
| Sale Date | November 14, 2025 |
| Listing Brokers | Patrick Sheehan & Max Schumacher, SIOR — RGCRE |
Manufacturing Space Demand in the Glendale Industrial Submarket
Glendale's western industrial corridor has long served as a hub for manufacturing, distribution, and production-oriented tenants. Several factors are sustaining demand for manufacturing facilities in this submarket heading into late 2025:
Supply Constraints Driving Pricing
New speculative industrial construction in western Maricopa County has been weighted heavily toward large-format distribution and logistics buildings. Purpose-built manufacturing facilities — particularly those in the 20,000 to 50,000-square-foot range — are seeing limited new supply, which places upward pressure on pricing for existing inventory.
Favorable Land-to-Building Ratios
Patrick Sheehan of Rein & Grossoehme Commercial Real Estate noted that the property's 2.55:1 land-to-building ratio is a distinguishing characteristic. "Manufacturers need room to operate — truck staging, material laydown, employee parking, future expansion potential. A two-acre site with 34,000 square feet of building gives an operator meaningful flexibility that newer, high-coverage speculative product simply doesn't offer."
Labor and Transportation Access
Glendale's position along the I-17 and Loop 101 corridors provides efficient access to regional transportation networks, while the surrounding residential base offers a reliable labor draw for production-oriented employers.
Market Context
The Phoenix industrial market remains one of the most closely watched in the western United States. While much of the market narrative has focused on large-format logistics and data center activity, the mid-bay manufacturing segment — buildings between 15,000 and 75,000 square feet — continues to transact at a steady pace, driven by owner-users and private investors seeking functional, income-producing assets. The $131.32-per-square-foot sale price at 5818-5830 W Maryland Ave provides a useful benchmark for manufacturing-configured product in Glendale's infill industrial corridors.
About Rein & Grossoehme Commercial Real Estate
Rein & Grossoehme Commercial Real Estate (RGCRE) is a full-service commercial real estate brokerage based in Scottsdale, Arizona. The Sheehan | Schumacher Industrial Team, led by Patrick Sheehan and Max Schumacher, SIOR, specializes in industrial landlord representation across the Phoenix metropolitan area, with deep expertise in Industrial Outdoor Storage (IOS), single-tenant industrial, and multi-tenant flex properties. With over $525 million in total transaction volume, the team ranks among the top industrial brokerage teams in the Phoenix market.