The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
June 22, 2024
 Search RENTV
 The REview
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
Single-Tenant Facility in Phoenix Sells for $19.5 Mil


Allred Tech Center, a 132.7k sf, single-tenant industrial building in Phoenix, traded for $19.5 mil, or $147/sf. The asset was sold by Douglas Allred Company.

Situated on 8.39 acres at 10027 S. 51st St, Allred Tech Center was built in 1985 and renovated in 2006 and 2015. It features 403 parking spaces and dock-high and grade-level truck doors. Allred Tech Center serves as the headquarters for Hanchett Entry Systems (HES), a subsidiary of ASSA ABLOY, a global leader in high-performance entrance door systems.

The property is located within the Phoenix Tech Center Business Park and provides access to Interstate 10 via Elliot Road, with excellent visibility along Interstate 10. The property is located 12 minutes from Sky Harbor International Airport, 10 minutes from Arizona State University, and 20 minutes from downtown Scottsdale and downtown Phoenix, offering access to metro Phoenix’s employment hubs.

The buyer was 51st Fenix LLC. CBRE’s Mark Krison, Bob Young, Glenn Smigiel, Rick Abraham and Luke Krison represented Douglas Allred in the deal.

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 © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media