Provident Industrial Expands National Footprint with New Regional Office in Phoenix, Arizona

PHOENIX, July 8, 2025 /PRNewswire/ -- Provident Industrial, a division of Dallas-based Provident, a leading industrial real estate developer specializing in logistics and distribution facilities across high-growth U.S. markets, is proud to announce the opening of its newest regional office in Phoenix, Arizona. This strategic expansion establishes a key hub for the firm's growing presence in the Southwest.

Positioned in one of the fastest-growing industrial markets in the country, the Phoenix office will serve as a regional hub to better support local projects, strengthen relationships with area partners, and identify new development opportunities across Arizona and Nevada.

The new office at Biltmore Center will be led by Steven Nemer, who will oversee a territory that includes the key growth markets of Phoenix and Las Vegas. The office will support the development and management of Provident's portfolio in the Phoenix area, in addition to 8.45MM square feet of industrial space currently in the company's pipeline across the US.

Prior to joining Provident, Steven spent nearly a decade at Schnitzer Properties, one of the largest privately held commercial real estate portfolios in the Western U.S., where he was instrumental in the firm's development and leasing activities. Steven holds Bachelor of Science degrees in Finance and Accounting from Oregon State University and is actively involved with CCIM, NAIOP, and SIOR.

"Our expansion into Phoenix is a critical step in our strategy to serve key logistics markets where our clients are investing and growing," said Case Van Lare, Managing Director, Provident Industrial. "The region's strong fundamentals, pro-business climate, and access to major transportation networks make it a natural fit for our platform. We're excited to have Steven, our Market Leader for the Southwest, driving our efforts in Phoenix, Las Vegas, and beyond as we build a strong local presence to support our long-term growth."

Phoenix marks Provident Industrial's third office nationwide, reflecting its strategic focus on market diversification and operational efficiency. The company plans to open two additional regional offices later this year as it continues to expand its reach across other high-demand logistics corridors.

About Provident

Provident is a privately held real estate and investment firm with over three decades of success across multiple market cycles driven by foresight, experience, and adaptability to changing markets. Provident focuses on delivering exceptional risk-adjusted returns to investor partners through development of opportunistic and value-add strategies. Since its founding in 1991, Provident has developed or invested in over $6 billion in real estate projects nationwide. For more information, please visit www.providentrealty.net.

For media inquiries or additional information, please contact:

Steven Nemer, [email protected].

SOURCE Provident Realty Advisors, Inc.