RooseveltTechCenter

Cassidy Turley Completes $5M Sale of Roosevelt Tech Center

Cassidy Turley sold Roosevelt Tech Center, a ± 60,458-square-foot mixed-use property at 528 W. 21st St. in Tempe. Enright Roosevelt Tech, LP. (Calgary, Alberta) purchased the property for $5,039,162 ($83.35/psf) from RBI Industrial Properties I, LLC (Irvine, Calif.). Senior Managing Directors Paul Boyle and Rick Danis with Cassidy Turley’s Industrial Group negotiated the transaction for the Buyer while Tim Benson of Westmark Realty Partners represented the Seller.
Built in 1984, Roosevelt Tech Center is a one-story Flex/Light Manufacturing project on 4.57 acres. The property is located approximately 1.5 miles from the I-10, US-60 and Loop 202 freeways with close proximity to the airport. The Buyer plans to hold the building as an investment property. The project was 100 percent occupied at the time of sale.

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Amanda Ventura

About Amanda Ventura

Amanda Ventura is an editor, award-winning writer and pop culture enthusiast. When she's not up against deadlines, she is exploring Arizona, trying recipes that require every dish in her kitchen be used, collecting 5K swag bags and race numbers and volunteering at a local animal shelter. Her bookshelf is full of autobiographies and her desk is covered in Sticky Notes. She dislikes the Oxford comma and still cannot believe she gets to meet and write about interesting people for a living.