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Phoenix Industrial Building Sells for $2.89 Million to So. Cal Investors

PHOENIX – GPE Commercial Advisors, secured the sale of a 64,375-square-foot Phoenix industrial building on 6.95 acres at 4039 East Raymond Street in Phoenix. The property sold for $2.9 million ($45 PSF) to Avalon Pacific-Santa Ana, L.P in an REO sale. Built in 1974, the property was most recently occupied by River of Life Church. […]

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Phoenix Manufacturing Building Sells for $2.89 Million to So. Cal Investors

PHOENIX, AZ – A Southern California investment group with a growing portfolio of Phoenix manufacturing Valley properties, recently purchased a 64,375-square-foot manufacturing facility at 4039 E. Raymond St. in Phoenix for $2,895,000. Price per square foot was recorded at $44.97. The property was formerly owned by River of Life Church who lost the building to

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