Tag Archives: daum

3148 N. 38th Drive - PR Photo, WEB

Quality Bedding Inc acquires industrial building in Phoenix

DAUM Commercial Real Estate Services announced that it represented the buyer in the purchase of a 13,178 sq. ft. industrial building located in Phoenix.

Trevor McKendry of DAUM’s Phoenix office represented Quality Bedding, Inc. in this sale. The building is located at 4132 N. 38th Drive.

Quality Bedding, Inc has been manufacturing bedding for over 20 years and plans to
continually grow their operations with the recent acquisition.

John Reinhardt of Industrial Property Specialists sold the property on behalf of IPSDBP5 Investment, LLC, and is a member of the selling entity.

2757 E Chambers St, DAUM, WBE

Aim Wholesale expands its industrial facility in Phoenix

DAUM Commercial Real Estate Services announced that it represented the both parties in the sale of a 28,520 SF industrial building located in Southern Gardens Industrial Building.

Steve Bodeman of DAUM’s Phoenix office represented Syllar Enterprises (buyer) and 2757 E Chambers LLC (seller) in this transaction. The building is located at 2757 E. Chambers St, Phoenix.

The building was occupied by Bobier Sales since 2006. Bobier is a distributor for plumbing products. The buyer is Aim Wholesale. They are expanding from their former 19,000 SF to 28,520 SF Aim Wholesale Inc. was founded in 1978 and purchased by Larry and Sylvia Koppen in 1997. Aim is a customer-service oriented wholesale distributor, serving business to business distributing RV accessories and parts to RV industry related retail outlets and businesses.

Total purchase price of the building was $2,098,000.00.

CoStar

Glendale office building sells for $3.5M

DAUM Commercial Real Estate Services announced that it represented the buyer in the
purchase of a two-story 27KSF office building situated on 6.3 acres of land located at
18185 N. 83rd Avenue, Glendale, Ariz. The purchase price was $3,507,925 ($129.92/sq.
ft.)

Benjamin Johnson of DAUM’s Phoenix office represented AEK Property 7, LLC in the acquisition of the project. The property is zoned PAD. The development was constructed in 2005. The buyer plans to lease up the remaining suites and hold as an investment for years to come.

Capital Asset Management represented the Seller, FNBN Properties, LLC, of Salt Lake City.

5225 S. 31st Place

DAUM Commercial Real Estate Release Recent Transactions

DAUM sells Southern Gardens Industrial Park
DAUM Commercial Real Estate Services announced that it represented the seller, RJK Realty LLC, in the sale of a 28,918 SF industrial building located in Phoenix.
Steve Bodeman of DAUM’s Phoenix office represented the seller in this $1.3M transaction. The building is located at 5225 S. 31st Place in the Southern Gardens Industrial Park.
This building, along with the property to the south at 5261 S. 31st Place, was originally built for Blackhawk Metals. The seller, Joe Huerta, subsequently sold the business to DiMatrix who leased both properties from him for five years. Upon DiMatrix vacating, Huerta hired Steve Bodeman of DAUM to market the property.
Michelle Gardner of Shell Commercial represented the undisclosed buyer.
5261 S. 31st Place was recently sold to Design and Stone International, Inc., who was represented by Mike Kasulaitis at Voit Real Estate.
Steve Bodeman has been involved in many transactions in Southern Gardens Industrial Park since 1984.

DAUM represented buyer, seller in Deer Valley land sale
DAUM Commercial Real Estate Services announced that it represented the both the seller and buyer in the sale of a 4.13 acre parcel in Deer Valley area of Phoenix, Arizona.
Carl Johnson, Ben Johnson, & Bob Lundstedt of DAUM’s Phoenix office represented both the seller, Coastline RE Holdings, and buyer, Pathfinder TRF, in this 4.13 acre purchase. Total purchase price was $756,000.
This CP/GCP (light industrial) zoned land is located at the southwest corner of Happy Valley Road and 15th Avenue.
Pathfinder TRF is an RRS Company (Randy Stolworthy) entity. RSS plans to construct a 57,000 SF, Class-A manufacturing facility on the site. Since 1991, RRS & Company has been a market leading sponsor of real estate investments and real estate finance in the Southwest.

DAUM Represents Mattress Firm in Move to Tolleson
DAUM Commercial Real Estate Services announced that it represented the lessee in the lease of a 79,880 SF portion of a 197,526 sq. ft. distribution building located at 9180 W. Buckeye Road, Tolleson, Arizona.
Steve Bodeman of DAUM’s Phoenix office represented the lessee, Mattress Firm, Inc., in this lease. The building is a distribution building owned by First Industrial LP, based in Chicago.
Pat Feeney of CBRE represented First Industrial, lessor, in this transaction.

DAUM represented buyer, seller in Phoenix land sale
DAUM Commercial Real Estate Services announced that it represented both parties in the sale/purchase of a 6.9-acre parcel of land located at the southeast corner of Camelback Road and 45th Avenue, Phoenix.
Carl Johnson, of DAUM’s Phoenix office, represented both buyer and seller. The sellers, Wingate Trust and Pardo Trust both of Phoenix, and buyer, R &S Mattress also of Phoenix.
R & S Mattress is planning to build a 140,000+ SF showroom, warehouse and office at this location. Building should begin in November 2014. Builder will be DL Withers
Total consideration of this sale was $1,063,000 ($3.54/SF average).

DAUM represents Huddleston Trucking
DAUM Commercial Real Estate Services announced that it represented the tenant in the lease of a 19,800 SF industrial building located at 1710 E. Grant Street, Phoenix.
Rich Sica of DAUM’s Phoenix office represented Huddleston Trucking in this lease. The building will be used as a warehouse trucking facility.
Huddleston Trucking has been in business for 25 years primarily involved with TSA approved operations. The company was recently acquired by Warren Neugarten, who continues the operation. Tom Louer of Lee & Associates represented the landlord, Miller-Valentine.

FairmontCommerceCet

DAUM Completes 83,200 SF Lease in Fairmont Commerce Center

DAUM Commercial Real Estate Services announced that it represented the tenant, MXD Group, in the leasing of the Fairmont Commerce Center, an 83,200 sq. ft. building located at 440-444 W. Fairmont Drive in Tempe.

Steve McKendry, Kirk Jenkins and Trevor McKendry of DAUM’s Phoenix office exclusively represented MXD Group in the transaction.

MXD Group specializes in final mile delivery logistics solutions for North American retail brands across the consumer electronics, furniture and appliance segments.  The business coordinates and executes approximately 2.3 million non-conveyable product deliveries annually utilizing a nationwide network of professional managed and certified independent contractors and agents.  The newly rebranded business is a leader in white glove home delivery and retail replenishment solutions and services.