Commercial Properties, Inc., Arizona’s largest locally owned commercial real estate brokerage, announced the sale of a 10,093 SF industrial warehouse building located at 1929 N. Rosemont in Mesa, Ariz. Andy Jaffe, SIOR and Rex Griswold of CPI’s Tempe Office represented both the buyer and the seller in this transaction.
The reinforced concrete building was built in 2000, and is part of a 85,000 SF project. 1929 N Rosemont is a single tenant building formerly owned by the Lawrence & Laurie Rudner Family Trust. KDS Properties, LLC purchased the property which is located just south of Loop 202 off McKellips Road, and west of Higley Road. The building is conveniently located across from Falcon Field Municipal Airport.
The sale was valued at $812,500 ($80.50 per foot).
