Newmark Grubb Knight Frank completed the sale of an industrial building totaling 14,875 SF 5343 W. Mohave in Phoenix for $1.3M.

Peter Batschelet, Managing Director with Newmark Knight Franks’ Phoenix office, represented the seller, Mallory Enterprises, LLC in the transaction.

Oberfield Precast, the existing tenant, purchased the building which sits on 3.22 acres of land. The buyer was represented by Payson MacWilliam at Colliers International. Oberfield Precast fabricates custom architectural precast concrete products.