The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
September 18, 2018
 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?



HOME PAGE NEWS
Printer-friendly Version   Email an Associate
AZ Industrial Facility Sells for $48.5 Mil

8/29/18

CBRE Global Investors Acquisitions LLC closed on a newsworthy acquisition in Arizona, paying $48.5 mil for Southwest Industrial Center, a 684.4k sf ($71/sf) industrial facility in Phoenix. The property is located at 7775 West Buckeye Rd, just south of I-10.

Constructed in 2015, Southwest Industrial Center is a Class A cross-dock distribution building with 32-foot clear height. The property was sold by Hines, the Houston-based global real estate investor. Hines retained ownership of the adjacent development site which was not part of the sale.

Bo Mills, Mark Detmer, Ryan Sitov, Marc Hertzberg and Anthony Lydon with JLL represented the seller.

"Southwest Industrial Center is located in one of the largest and most sought after industrial markets in the West, and offers stable in-place income as well as an immediate upside through further lease up of the existing vacant space, said Mills.




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 © 2018 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media