Scottsdale industrial facility

Scottsdale industrial facility sells for $285k

A Scottsdale flex/industrial condo facility near the Loop 101 and Bell Road sold for $285,000 to an individual buyer, Charles Comolli, Jr., according to ORION Investment Real Estate, the brokerage firm on the deal.

ORION’s Nick Miner, represented both the buyer and the seller, OMF Holdings LLC, in the deal.

The facility, 90th & Bahia Business Park Condos #105, is near the Bahia Development. The building broke ground in mid-2015. This specific condo came with a roll-up door.

The facility is a three-story, Class A contemporize office building on a 2.5-acre site.

“This was the last asset owned by the Seller. The complication on this was there was a tenant that we had to have vacate the property, prior to the closing,” said Miner, ORION’s senior vice president.

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