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

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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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Hines Continues Phoenix Expansion with $47.3M Industrial Buy

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1.2 million-square-foot Class A Industrial Park in Phoenix Southwest Valley PHOENIX, Arizona – Hines, the international real estate firm, announced today that it has acquired the Southwest Industrial Center, a Class A industrial park located in the heart of the Southwest Valley submarket in Phoenix, Arizona, from Hillwood Property Trust. Financials on the deal were not disclosed. …

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East Phoenix Manufacturing Building Sells for $14.7 Million

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PHOENIX AZ – A 352,415-square-foot, Class A distribution/manufacturing building at 5125 E. Madison St., Phoenix, sold for $14.7 million in a September 4 transaction. Price per square foot was posted at $41.71. Stein Koss and Tom Louer, both principals with Lee & Associates and Tony Lydon of JLL negotiated on behalf of the seller, SunChase …

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