TUCSON, ARIZONA — Anson Arbor, LLC purchased a 10,760-square-foot industrial building located at 4030 N. Highway Dr. in Tucson, from Orvieto Investments, LLC for $1,085,000 ($100 PSF) in an investment sale.
The property is northeast of Prince off I-10 and leased to Team Fishel, a national provider of utility engineering, construction, and network installation services. Serving the telecommunications, broadband cable, electric power, natural gas and low voltage technology industries for 80 years. Headquartered in Columbus, Ohio, Team Fishel has offices in 13 states and nearly 2,000 highly skilled employees throughout the United States.
The office at 4030 N Highway Drive in Tucson is among a total of nine in Arizona, mostly in the Phoenix metro area and one each in Casa Grande and Yuma.
The buyer is a well-known entrepreneur, real estate investor and broker out of El Paso, Texas.
Stephen D. Cohen and Russell W. Hall, SIOR, GSCS, Industrial Specialists with Cushman & Wakefield | PICOR, represented the seller; Lane Gaddy with Stoneland Property Group, represented the buyer.
For more information, Cohen can be reached at 520.546.2750 and Hall can be contacted at 520.546.2747.
To learn more, see RED Comp #5769.