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Investors Paying Top Dollar for Phoenix Industrial Properties

Leasing Slowed During 3rd Quarter as Sales Prices Rose Phoenix, Arizona  – Colliers International is reporting the Greater Phoenix industrial market experienced a rise in sales prices as the market cooled in the third quarter. The median price for an industrial building sold in third quarter reached $106 per square foot, up from $97 in […]

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Food Distributor Buys $22.4 Million Santa Fe Logistics Center in Phoenix

PHOENIX, Arizona – CBRE has recently completed the sale of Santa Fe Logistics Center, a 367,963-square-foot industrial warehouse and distribution facility located at 4450 N. 45th Avenue in Phoenix, Arizona. The buyer was Greco & Sons, Inc., a national food distributor. The seller was Tratt Properties, a real estate developer/investor based in Phoenix, Arizona. Total

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Goodyear Gateway South Lands First User; Michael Lewis Co. Purchases 30 Acres for Development

Phoenix, AZ– Goodyear Gateway South, the ±221 acre industrial zoned park being developed by EJM Development Co. just north of the Phoenix Goodyear Airport, has announced its first user. Michael Lewis Co. (MLCo) has purchased a 30-acre parcel for development. The financial terms of the transaction were not disclosed. Pat Feeney, Dan Calihan and Rusty

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