The Clover Company Makes Second Industrial Acquisition in 3rd Quarter for $2.5 Million

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TUCSON, Arizona — Freeway Clover, LLC an affiliate of the Clover Company (Paul Kraft, manager) purchased a 32,300 of net leasable-square-foot industrial, multi-tenant business park from Long Meadow Ranch, Inc.

The northwest Tucson investment property, located in Freeway Industrial Park at 3248 & 3260 N. Freeway Industrial Loop, was purchased for $2.495 ($77 PSF).

The property was occupied 100% by three tenants: Wayne Dalton, Belfor Restoration and Pump It Up. The Clover Company, through its affiliates, now has five industrial investment properties in Tucson, three of which are near I-10 within the Tucson NW Industrial area.

Principal Robert C. Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, handled this transaction.

For more information, Glaser should be reached at 520.546.2707.

To learn more, see RED Comp #7158.

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