The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
May 31, 2020
 Search RENTV
 Video Programs
News Home Page
Southern California
Northern California
Pacific Northwest
Prop. Management
Press Releases
 R. E. Marketplace
Service Providers
Property Spotlight
 RENTV  Conferences
Subscriber Login:
Forgot Password?

ETC... ETC...
Printer-friendly Version   Email an Associate
BH Properties Buys Phoenix Industrial Asset


BH Properties acquired Riverpoint Building 2, a 61.3k sf, multi-tenant flex office building in Phoenix, for $5 mil ($81.50/sf). The single-story building is located at 3100 E. Broadway.

Built in 2002, the recently vacated building is situated on the northwest corner of 32nd St and Broadway Rd, just south of Phoenix Sky Harbor International Airport. The property features Broadway Road signage, close proximity to ASU and the airport and easy access to the I-10.

Eric Wichterman, Mike Coover, Larry Downey and Brett Thompson of Cushman & Wakefield represented the buyer and the seller, a Nebraska investor, Vatnsdal Investments LLC. According to Wichterman, BH Properties will be able to add tremendous value through leasing the property to a single tenant on a long term lease.

Downey and Thompson will also serve as the exclusive marketing agents for Riverpoint Building 2. They point out that the property offers 60k sf of vacant contiguous space and an abundance of parking space for future tenants.

Return to the Archive page




Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2020 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media