Patrick Sheehan

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All Japanese Auto Parts Pays $1 Million for 4-acre site in Phoenix

PHOENIX, ARIZONA — All Japanese Auto Parts purchased a 4-acre industrial site with approximately 2,988-square-feet of buildings, at 2104 W. Broadway Road in Phoenix, AZ for $1 million ($5.74 PSF for land value). The property is zoned A-2 Heavy Industrial and was sold by George and Gladys Chi. The buyer purchased to use for automotive […]

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A Slew of Phoenix Commercial Sales Total $6.9 Million

Neil Sherman and Carrick Sears, multifamily specialists in the Phoenix office of Sperry Van Ness, represented Summit Holdings, LLC, in the purchase of Palmera Apartments. The 64-unit multifamily complex is located at 6625 North 17th Avenue in Phoenix, AZ and sold for $2,305,000 ($46.44 PSF / $36,000 per unit). Palmera Apartments is currently 95% occupied

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