Industrial Sale Archives

11.58-acre, SW Phoenix industrial facility sold for $2.93M

by in AZRE Magazine | Brokerage | Featured | In The Spotlight

Four buildings totaling 18,496 SF on 11.58 acres of land at 8164 W. Buckeye Rd. in Phoenix, has sold for $2,925,000. The transaction was recorded on September 8. Lee & Associates principals Matt Hobaica, Allen Lowe and TJ Swearengin negotiated on behalf of the owner, MidFirst Bank. Hobaica secured the buyer, EMC Holdings, LLC of… Read More →

CPI sells 100KSF manufacturing building in Phoenix

by in AZRE Magazine | Brokerage

Commercial Properties, Inc., Arizona’s largest locally owned commercial real estate brokerage,  announced the sale of a 99,969 SF industrial property located at 2500 E. Chambers St. in Phoenix. Jeff Hays, Chad Neppl and Ryan Steele of CPI’s of Tempe Office represented the seller, BH Chambers, LLC in this transaction. The concrete tilt building was built… Read More →

JLL closes $9M industrial sale for Clarion

by in AZRE Magazine | Brokerage

The Phoenix office of JLL has completed the $9 million sale of 5th Street Industrial, a 110,000-square-foot industrial building at 3405-3445 S. 5th Street in Phoenix. The deal bolsters the rapid recovery of Phoenix industrial space in the 50,000 – 150,000-square-foot range, as highlighted in the first quarter Phoenix Industrial Report released last week by… Read More →

Newmark Grubb Knight Frank completes $1.8M industrial sale

by in AZRE Magazine | Brokerage

Newmark Grubb Knight Frank (NGKF) negotiated the $1.8 million sale of 4250 E. Broadway Rd., a 38KSF Industrial building, in Phoenix. Rob Stephens, Managing Director and Tricia Gumulka, Associate Director with NGKF’s Phoenix office represented the seller, Sorenson Group Management. The buyer, Forever Nutraceuticals, a worldwide distributor of vitamins was represented by Ken McQueen at… Read More →

JLL Brokers $17M Meritex Entry into Phoenix Industrial Market

Meritex announced today its entry into the Phoenix market with the acquisition of a two-building industrial portfolio totaling 193,366 SF. The Class-A properties are located at 21410 and 21415 N. 15th Ln. in Deer Valley, Ariz. “We are excited about the addition of the Deer Valley properties to our portfolio and our entry into the… Read More →

CPI Sells Industrial Property in Tucson

by in AZRE Magazine | Brokerage

Commercial Properties, Inc., announced the sale of a 31,682 SF industrial property located at 3195 E 36th Street in Tucson. Chad Ackerley of CPI’s Tempe office represented the new owner, Hercules Capital, the parent company of Hercules Industries from Denver. Hercules Industries manufactures and distributes high-end HVAC equipment and sheet metal, and is one of… Read More →

Cassidy Turley Completes $900K Industrial Sale in Phoenix

Best Retail Project 2011: Mountain Ranch Marketplace at Estrella
by in Brokerage

Cassidy Turley completed the sale of  ±3.97 acres of industrial land located south of the SWC of 48th Street and Washington Street on Thursday. Papago Tech, LLC (Moshe Family Trust) purchased the property for $900,000 ($5.20/PSF) from Pacific Western Bank. Cassidy Turley Arizona’s Rick Danis, Paul Boyle and Steve Mardian negotiated the sale transaction representing the… Read More →