Tag Archives: Cutler Commercial

91st Street

Colliers reports two industrial transactions in Scottsdale

$2.9 Million Sale of 7327 E. Tierra Buena Lane in Scottsdale
Colliers International in Greater Phoenix announces the $2.9 million sale of a 21,008-square-foot office/warehouse/flex building at 7327 E. Tierra Buena Lane in Scottsdale. The property was built in 1996.

Henry Mohrschladt of Newport Beach, Calif., purchased the property from TR & RT Properties, Inc. of Scottsdale.

Jim Keeley, founding partner of Colliers International’s Scottsdale office and a senior executive vice president, represented the seller. Darren Tappen of Voit Commercial Services represented the buyer.

$1.45 Million Sale of 16460 N. 91st Street in Scottsdale
Colliers International in Greater Phoenix recently completed the $1.45 million sale of a 10,710-square-foot office/warehouse/flex building at 16460 N. 91st Street in Scottsdale.

Juggernaut Holdings, LLC of Scottsdale has acquired the IDS Building, built in 2004, from LME Asset Development of Scottsdale.

Jim Keeley, founding partner of Colliers International’s Scottsdale office and a senior executive vice president, and Mike Kane, a senior vice president in Colliers International’s Scottsdale office, represented the seller.

Jim Lieberthal with Cutler Commercial represented the buyer in the transaction.

KingInsulation_402N37thDrive

King Insulation leases 18,478 SF at Martin Van Buren Distribution Center

Cassidy Turley announced that it completed a lease of 18,478 square-feet for King Insulation at Martin Van Buren Distribution Center, 402 North 37th Drive in Phoenix.

Vice President Louis Finocchiaro, SIOR, of Cassidy Turley’s Industrial Services Group represented the tenant, Phoenix-based, King Insulation, while Todd Hamilton of Cutler Commercial represented the landlord, Presson Van Buren, LLC.

King Insulation is an insulation supplier and installation company in Arizona since 1981. It provides a variety of installation services for residential, commercial and industrial/warehouse buildings. For more information: www.kinginsulation.com.

Built in 1986, Martin Van Buren Distribution Center is a ±36,955 square foot industrial development on 2.07 acres. The property is located at 37th Avenue and Van Buren Street in Phoenix with easy access to Interstates 10 and 17 and U.S. Highway 60, leading to all areas of the valley. King Insulation plans to use the newly leased space as a warehouse supporting the Phoenix metro area.