Industrial Investor and Developer of Logistics Facilities Expands into Metro Phoenix with First Office
Constellation Real Estate Partners names 20-year Phoenix/Southwest CRE veteran Sven Tustin as partner, responsible for growing the firm in the region
PHOENIX, ARIZ. (December 2, 2025) — Constellation Real Estate Partners, an industrial investor and developer of logistics properties, announced today that it expanded into metro Phoenix by opening an office in Scottsdale located at 15169 N. Scottsdale Road. Since its founding in 2021, Constellation Real Estate Partners has built a pipeline of 24 projects, totaling 12 million square feet across key Sunbelt logistics markets.
Sven Tustin, a 20-year commercial real estate Phoenix/Southwest veteran, has joined Constellation Real Estate Partners as Partner to oversee the Southwest Region. Tustin will be responsible for identifying and acquiring land for industrial development in metro Phoenix, overseeing the development process for each property and property operations
“Our expansion into Phoenix reflects our conviction in the long-term fundamentals of the Southwest and Mountain West regions,” said Hien Le, Co-Founder and Managing Partner at Constellation Real Estate Partners. “Sven’s depth of experience and credibility in the market make him the ideal leader to grow our presence and deliver projects that align with our values and disciplined approach to development.”
Tustin continued by saying “The metro Phoenix industrial market continues to experience robust demand in multiple sectors, especially from manufacturing-related companies. As it continues to receive outsized investments in manufacturing and sustained population growth, the need for additional industrial space will continue for many years.”
Tustin joins Constellation Real Estate Partners from Conor Commercial Real Estate, where he spent over 10 years, most recently serving as Chief Growth Officer, overseeing development in Phoenix and the Southwest. Previously, he spent nearly 9 years as Vice President, Development and Investment, at Trammell Crow Company, where he oversaw development activities in the Southwest.
Founded by Jeremy Giles and Hien Le, Constellation Real Estate Partners specializes in the investment and development of logistics properties throughout strategic growth markets within the United States. The company focuses on three core competencies: speculative development, build-to-suit development, and value-add acquisitions. Established in 2021, Constellation Real Estate Partners has rapidly emerged as a stable and thriving player in the industry, backed by a team rich in capabilities and expertise. Its principals have over 125 years of combined experience, have invested over $25 billion in industrial real estate, and developed over 100 million square feet. For more information, visit www.constellationrep.com.
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