rsz_gpe_1

GPE Closes on 98,930 SF Property at Scottsdale Airpark

GPE Commercial Advisors secured the sale of a 98,930 SF, 5.1-acre property that consists of two buildings, 14988 & 15010 N. 78th Way in the Scottsdale Airpark.

Southwest Jet Corporate Center sold for $9.6M.

“The Southwest Jet Corporate Center is a very unique property,” said Tim Phillips, Associate Vice President of GPE. “There are few properties that are almost 100,000 SF that are a mix of airplane hangar and office in The Scottsdale Airpark.

“We had a tremendous amount of interest from buyers all around the country from investors to owner-users. ”

Tim Phillips of GPE Commercial Advisors represented the seller, Southwest Jet Corporate Center, LLC. Jay LaRue of LaRue Business Group represented the buyer, Southwest Jet Center, LLC.

 

POSTED: . TAGS: ,
AZRE

About AZRE

Pulling together the multiple facets of the commercial real estate industry in Arizona, AZRE: Arizona Commercial Real Estate Magazine reaches out to the largest local and national commercial real estate audience within the Grand Canyon State and beyond. AZRE covers up-to-date happenings within commercial development, brokerage, construction, investment, finance, architecture, property management, real estate law and more as it relates to Arizona. Additionally, AZRE is an active voice within the commercial industry, partnering with such organizations as NAIOP, ABA, ICSC AZ, AIA AZ and Valley Partnership.