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Friday, 17 February 2012

Phoenix Industrial Building Sold for $10.1Mln

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Business Real Estate Weekly of Arizona

Alliance Commercial Partners of Lakewood, Colo., has paid $10.1 million in cash, or about $137/sf, for the 73,729 square-foot industrial building at 3601 East University Drive in Phoenix.

The seller was an affiliate of The Rreef Funds of San Francisco.


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Additional Info

  • Syndicate to Realpoint: No
  • Cities: Phoenix
  • States: Arizona
  • Sector: Industrial
  • Subject: Property Acquisitions (ACQ), West Regional Digest (WDIG)
  • Company: Rubenstein Co., The (Phila.)
  • Valuation: Between $10 million and $25 million
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