OlivePoint Capital Closes Preferred Equity Investment in Bethany 303, a Small-Bay Industrial Project in Phoenix, Arizona

LOS ANGELES--(BUSINESS WIRE)--OlivePoint Capital, a Los Angeles–based real estate investment firm, announced that it has closed a preferred equity investment in Bethany 303, a 136,000-square-foot shallow-bay industrial project located in Phoenix’s high-growth West Valley submarket.

Bethany 303 is strategically positioned just north of the Loop 303 and I-10 interchange, offering exceptional visibility, access, and proximity to major logistics infrastructure, including Phoenix Sky Harbor Airport, TSMC’s semiconductor facility, and the BNSF intermodal facility planned for nearby Wittmann. The project will feature two modern rear-load industrial buildings with suite sizes ranging from 4,500 to 18,000 square feet, catering to underserved small and mid-bay tenants seeking new-generation product with freeway frontage and modern logistics design.

“Bethany 303 represents the type of focused, supply-demand-driven opportunity we target in today’s market - a well-located, differentiated project with limited competing supply, and clear demand tailwinds,” said John Bruno, Managing Partner at OlivePoint Capital. “We’re excited to partner with IndiCap and VAC Development on this high-quality, small-bay product in one of the most dynamic industrial markets in the country.”

Bethany 303 will be one of the few projects in the submarket offering suites under 25,000 square feet, addressing a persistent gap in the Phoenix industrial supply pipeline.

About OlivePoint Capital

OlivePoint Capital is a real estate investment manager focused on middle-market opportunities across the United States. The firm targets special-situation and thematic investments across industrial, multifamily, and select alternative sectors, with a focus on risk-adjusted value creation through active asset management and flexible capital solutions. OlivePoint is backed by leading institutional investors and prominent family offices across the US, Asia and Latin America.

For more information, please visit www.olivepointcapital.com.