The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
May 31, 2023
 Search RENTV
   Go!
 The REview
 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
Citywide Commercial Real Estate Spends $7 Mil on Phoenix Industrial Portfolio

12/15/22

Phoenix-based Citywide Commercial Real Estate has acquired a five-building, 86.3k sf industrial portfolio within Thunderbird Business Park in Phoenix for $7 mil ($81/sf). The portfolio, located on just over seven acres at the southeast corner of Indian School Rd and 31st Ave, contains a mix of single-story, multi-tenant office, retail and industrial buildings.

The portfolio includes 35 individual suites, which are 100% occupied primarily by small business owners and long-term tenants. It is part of the larger seven-building Thunderbird Business Park.

The buildings were last sold nearly 20 years ago in 2003. The new owner, El Camino Investment Co, plans to complete improvements to modernize the portfolio and further enhance its presence in the community.

Adam Shteir, Todd Hamilton and Chad Kirkorsky at Citywide represented the buyer in the transaction. The seller was Northgate – 72 LLC. Citywide serves as the exclusive leasing and property management firm for the Thunderbird Business Park buildings and will continue to do so under the portfolio’s new ownership.





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 © 2023 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media