|
8/18/21
|
In a recent Phoenix industrial buy, Westcore paid $13.5 mil for a 114.9k sf, warehouse building at below replacement cost. The property, located at 200 S. 49th St, was sold by an owner-user in a sale-leaseback deal.
Westcore plans to make cosmetic upgrades and market the property for lease in late 2022, following the departure of the seller.
Mike and Phil Haenel of Cushman & Wakefield represented Westcore in the transaction. Ben Geelan and Andrew Medley of JLL repped the seller.
|
|
Return to the Archive page
|
|
|
|
|