Southern Industrial Center | Buckeye, AZ

Gray Capital partnered as a co-GP with Contour and Miramar Industrial Partners in the development of Southern Industrial Center, also known as Buckeye 77, a 1.2 million-square-foot industrial facility situated on a 74-acre site.

Beyond GCI’s investment, Graycor served as the project’s general contractor, delivering the warehouse and logistics facility in Buckeye, Arizona. Construction began in June 2022 and was completed in December 2023.

Strategically located at the southeast corner of Southern Avenue and Apache Road in Buckeye, the westernmost suburb of the Phoenix metropolitan area, the project is well positioned to serve e-commerce, warehouse, and logistics users seeking a regional distribution hub in one of the nation’s fastest-growing industrial markets.

The site offers strong regional connectivity, including direct access to the Inland Empire and the Port of Los Angeles via Interstate 10, as well as convenient local access from Arizona State Route 85.

310 W. Huron | Chicago, IL

Gray Capital has been performing advisory and consulting services for a regional developer since 2024 and has recently invested their project, 310 W Huron St, a 149-unit multifamily development in River North.

Prior to acquisition in Nov. 2024, Gray Capital worked with the sponsor to determine the project feasibility and investment potential. Our team was a trusted member of the acquisition and pre-development team by providing underwriting and investment memorandum services, the developer was able to secure land acquisition capital.

Subsequent to land acquisition, the team was a trusted resource through project capitalization. Our team evaluated structuring options, performed joint venture consulting, and created financial analysis to identify optimal sources of capital.

Additionally, our team performed capital market services and provided introductions to new capital sources for potential investment.

In February 2026, Gray Capital funded an equity investment in the development of 310 W. Huron and will continue to serve as a trusted resource throughout the stabilization of the asset.