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11/15/12
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An East Coast-based manufacturer and distributor of make-up, costumes and accessories has purchased a 125k sf industrial building in Phoenix. The buyer, Buckeye 59th Ave LLC, will use this property as its distribution facility. The property, located at 2 north 59th Ave, was sold by Conair Corporation.
Mike Kasulaitis of Voit Real Estate Services represented the buyer, who was seeking a property in close proximity to its current manufacturing facility in Phoenix with good freeway accessibility. The seller was repped by Greg White of CBRE. The price was not disclosed.
“As the Phoenix industrial market continues its recovery, we are seeing an increase in activity from larger national companies who are seeking to secure distribution space to fulfill their operational needs,” said Kasulaitis.
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