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SVN Facilitates the Hilton Cabinets Acquisition of Phoenix Industrial Property for $4.3M

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  • SVN Facilitates the Hilton Cabinets Acquisition of Phoenix Industrial Property for $4.3M
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October 3, 2025
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Real Estate Daily News Service
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Hilton Cabinets

Phoenix, AZ (October 3, 2025) – SVN | Desert Commercial Advisors is pleased to announce the successful buyer-side representation in the $4.3 million acquisition of a well-positioned industrial property at 4002 N 36th Ave, Phoenix, AZ 85019. The buyer, Hilton Cabinets, was represented by the firm’s AZ O/I Team: Justin Horwitz, Richard Lewis, Sean Alderman, and Jillian Moyer.

The freestanding facility checked all the right boxes, featuring a secure and gated yard, significant power capacity, and fully air-conditioned interiors. The A-2 zoning and the flexible layout potential truly aligned with Hilton Cabinets’ long-term vision.

"This was more than just a transaction; it was a chance to help a business scale and reimagine a unique space,” said Jillian Moyer, of SVN’s AZ O/I Team. “Being part of Hilton Cabinets’ growth story and watching the transformation of this building has been both personally and professionally rewarding.”

SVN swiftly acted as the first to tour and submit an offer on a newly listed property. This quick action was crucial due to the significant attention the property had already attracted from the brokerage community. The outcome was a collaborative yet competitive transaction, closing below market comparables and presenting a unique value opportunity in Phoenix's increasingly constrained industrial sector.

The building’s previous use as a marijuana grow facility created a unique valuation challenge, requiring the appraiser to think creatively about its potential future use as a cabinet manufacturing and distribution center. Renovation plans are already underway, including white-boxing the interior and redeveloping the front section into modern office space.

On the seller’s side, Chad Kirkorsky, Partner at Citywide Commercial Real Estate, noted the collaborative nature of the transaction:

“It was a pleasure representing the seller of 4002 N 36th Ave. Our focus from the start was to target a manufacturing buyer who could fully utilize a freestanding building with heavy power. Hilton Cabinets was a perfect fit. Big thanks to Richard Lewis and Jillian Moyer with SVN for bringing an excellent buyer and helping ensure a smooth, collaborative transaction. This deal is a great example of how teamwork and professionalism lead to successful outcomes. Congratulations to Hilton Cabinets on their continued growth and new facility. We’re proud to have been part of the process and help deliver a win-win for all parties involved.”

This deal is a standout example of how well-positioned properties, combined with proactive representation, can deliver strong outcomes for sellers and buyers in a highly competitive market.

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