The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
August 17, 2019
 Search RENTV
   Go!
 Video Programs
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



ETC... ETC...
Printer-friendly Version   Email an Associate
AZ Build-to-Suit Occupied by Moog Inc Trades for $10 Mil

8/05/19

A new, 34.1k sf build-to-suit office/flex building in the heart of Gilbert, AZ was purchased for $9.94 mil ($291/sf) by a private investor. The building is fully occupied by Moog Inc, a design and manufacturing company that provides high performance motion control products, solutions and services.

The property was sold by Wentworth Property Company, who constructed the building in 2019. It sits on 2.6 acres at 2228 W. Guadalupe Rd, just east of Country Club Drive. The project features a build out custom completed for Moog, with specific amenities to support the tenant’s work in the aircraft, industrial, medical and space and defense markets.

The building features high-end interior finishes and an open feeling to support office and light industrial activity. It is minutes from the US 60 Superstition Freeway and in close proximity to a wide range of retail and restaurant amenities and other flex industrial users. Deutsch Architecture Group is the architect.

Brian Ackerman and Steve Sayre with JLL represented Wentworth Property Company in the transaction. Ian Hackett from Hackett Real Estate Solutions repped Moog, a 50-year-old company recently reporting an annual revenue of approximately $2.5 bil and an employee count of more than 10,970.

“The Town of Gilbert is a rapidly evolving commercial real estate market with a long list of institutional tenants in a wide range of industries,” said David Dickson, Senior Associate with Wentworth Property Company. “This building was designed to meet that increasingly sophisticated business environment – a strategy that not only attracted Moog as a long-term credit tenant but also aided in the quick and successful sale of the asset to a knowledgeable buyer.”





Return to the previous 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 © 2019 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media