November 11, 2014

AZRE

Talon Test Labs buys industrial space in Southpark Business Center

Commercial Properties, Inc. announced the sale of 6145 W Detroit Street, Chandler, Ariz.  Jeff Hays, Chad Neppl and Ryan Steele of CPI’s Tempe Industrial Group represented the buyer in this transaction.

The ±24,565 SF, freestanding research and development/manufacturing building is located at 6145 W Detroit Street in Chandler, Arizona just north of Chandler Blvd., and east of Kyrene Road in Southpark Business Center.

“The property offers the new owner, Talon Test Labs, a fully air conditioned building for their non destructive testing services on composites, plastics, powdered and exotic metals for the aerospace, automotive, power generation and medical industries. Talon Test Labs is doubling building square footage,” commented Hays.

The sale was valued at $1.7 million ($69.00 per foot) based on ±24,565 SF.  Jim Wilson and Brian Feist of Cushman & Wakefield Phoenix and New York City represented the seller, 228-32 W 42nd St Realty Corp in New York.