phoenix industrial Archives

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

Lee & associates industrial aerial, web
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 →

Quality Bedding Inc acquires industrial building in Phoenix

3148 N. 38th Drive - PR Photo, WEB
by in AZRE Magazine | Blogs | Brokerage | In The Spotlight

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… Read More →

Cassidy Turley releases Q2 ‘Market Snapshots’


Cassidy Turley has released its Q2 market snapshots for Phoenix. The brokerage firm reported the following market trends: “The metro Phoenix economy continues to post positive gains, adding 24,000 net new jobs year-over-year through the second quarter 2014 with a total employment base of 1,830,000 jobs. Moody’s recently raised its employment forecast for year end… Read More →

CPI sells 100KSF manufacturing building in Phoenix

2500 E Chambers Street
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 →

Groundbreaking Arrives for Phase I of Airport I-10 Business Park

Oblique & Renderings of Airport I-10-1

Groundbreaking day has arrived for the first phase of Airport I-10—a Wentworth Property Company/Clarion Partners Class-A industrial project being leased by the Phoenix office of JLL that, at completion, will represent one of the largest Sky Harbor Airport-area speculative industrial developments in Phoenix history. Located at the northwest corner of 24th Street and Rio Salado,… Read More →

CFA Cabinetry Relocates to 64KSF Space in Southwest Phoenix

CFA Cabinetry, WEB

CFA Cabinetry, a wholesaler of kitchen and bathroom cabinetry, is nearly doubling its warehouse and distribution space with a relocation to 420 S. 53RD Ave.   Cushman & Wakefield of Arizona, Inc. negotiated a five-year lease relocating CFA to a 63,840 SF facility. The company is expanding and relocating on May 1 from its 32KSF… Read More →

3Q Figures Upbeat For Office, Industrial & Retail Market Sectors

3rd Quarter Figures Upbeat for Retail and Market Sector
by in Economy | Finance | Real Estate

The Arizona economy has marked some improvement and is much better than the public perceives, according to the Third Quarter 2010 Economic Outlook released by the Forecasting Project at the University of Arizona. However, the report also states that will it will take some time for many Arizonans to recognize the improvement in the state’s… Read More →

Some Of The Troubles Facing The Real Estate Sector Today Ring Familiar

Real Estate - A Changing Landscape

The landscape of the Valley’s real estate market in the mid 1980s was vastly different from today, but, as most developers are painfully aware, many of the challenges are markedly the same. What is different today is the solid foundation that has been built over the past 25 years, which has helped the Valley remain… Read More →

Industrial: Southwest Valley Commerce Center

Southwest Valley Commerce Center, AZRE July/August 2008
by in Industrial

SOUTHWEST VALLEY COMMERCE CENTER Developer: Panattoni Development Co. General contractor: Nitti Brothers Architect: Ware Malcomb Location: Buckeye Road & 83rd Ave., Phoenix Size: 241,325 SF on 17.28 acres The $25 million, industrial project consists of two large buildings, which being built for small to mid-size bay warehouse/distribution space. Panattoni broke ground on the project April… Read More →