Helix, an Arizona-based commercial real estate investment company, recently acquired a Truck Distribution Industrial Complex in Tolleson, Ariz.
Located at 94th Avenue and Buckeye Road in Tolleson, the 40-acre commercial property consists of 179,000 sq. ft. of buildings including a warehouse, office administration facility, maintenance garage, covered wall truss work area and a 60,000 square foot covered structure on the rail spur.
The property is ready to be leased or redeveloped. The Truck Distribution Industrial Complex was purchased for $12.75 million from Pratte Buckeye Property, LLC. The broker for the seller was Bill Bayless of CBRE.
With expertise in acquisition, management, development and brokerage of millions of square feet of real estate in Arizona and throughout the Southwest, the Helix team has worked in nearly every segment of the commercial real estate industry: office, retail, industrial, land, self-storage multi-family housing, assisted living and medical.