±22.5 ACRES JUST SOLD FOR $11M IN PINAL COUNTY, AZ
July 27, 2023
Commercial Properties, Inc./CORFAC International (CPI), Arizona’s largest locally-owned commercial real estate brokerage, is pleased to announce the land sale of ±22.5 acres in Pinal County, Arizona. The ±979,664 SF parcel is located across from CMC Steel Mill of Arizona and is situated on the east side of Meridian Road, just south of Pecos Road in the town of Queen Creek, Arizona. The future truck terminal site offers easy freeway access to the SR-24, which connects to the 202 SanTan Freeway.
Jeff Hays and Sam Rutledge of Commercial Properties Incorporated represented the Buyer, Lakeshore Ventures, LLC. The parcel sold for $11,000,000/$11.23 PSF.
Hays commented, “It is exciting to see this area changing rapidly with the creation of new jobs to support the demand fueled by the multitude of new businesses coming to Arizona. Lakeside Ventures, LLC has plans to develop a less-than-truckload (LTL) truck terminal for last-mile deliveries.”
For additional information, please contact Jeff Hays at jhays@cpiaz.com or (480) 889-2552, or Sam Rutledge at srutledge@cpiaz.com or (480) 621-3290.
About Commercial Properties Inc.
Established in 1981, Commercial Properties Inc. (CPI) is a full-service brokerage and property management firm for all product types of commercial real estate. Headquartered in Tempe, the company has more than 65 brokers and is operating throughout the Phoenix metropolitan area. Currently, CPI’s listings include over 25.1 million square feet for sale/lease with more than 224 projects and associations under management, totaling over 14.9 million square feet.
CPI is the Phoenix affiliate of CORFAC International, comprised of privately held brokerage and property management service providers in 70 national and international markets.
Copyright © 2023 J & J Commercial Properties Inc.
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COMMERCIAL PROPERTIES INC., IS PLEASED TO ANNOUNCE THE SALE OF AN INDUSTRIAL OFFICE/WAREHOUSE WITH A SECURED YARD IN CHANDLER, AZ
March 25, 2022 — Chandler, Ariz: Commercial Properties, Inc./CORFAC International (CPI), Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of an industrial manufacturing building in the Southeast Valley in Chandler, Arizona. The 25,000 SF building is situated on 1.93-acres in the SouthPark Business Center located at 6145 W Detroit Street. Constructed in 1995, the property is conveniently situated off Chandler Boulevard and Kyrene Road which is just minutes from the I-10 and Loop 202 SanTan freeways.
Jeff Hays, Sr. Vice President – Corporate Services on the Sales & Leasing Team at Commercial Properties Incorporated represented the owners, Paul & Marilyn Teagle Family Trust, as well as the buyer, 5970 Marion Drive, LLC. Hays commented, “The property is fully air-conditioned with heavy power, overhead bridge cranes, an auxiliary generator, and a fenced yard for equipment storage.”
5970 Marion Drive, LLC purchased the property for $4,080,000 or $163.20 per square foot.
For additional information, please contact Jeff Hays at jhays@cpiaz.com or (480) 889-2552.
About Commercial Properties Inc.
Established in 1981, Commercial Properties Inc. (CPI) is a full-service brokerage and property management firm for all product types of commercial real estate. Headquartered in Tempe, the company has more than 65 brokers and is operating throughout the Phoenix metropolitan area. Currently, CPI’s listings include over 21.6 million square feet for sale/lease with more than 210 projects and associations under management, totaling over 14 million square feet.
CPI is the Phoenix affiliate of CORFAC International, comprised of privately held brokerage and property management service providers in 75 national and international markets.
Copyright © 2022 J & J Commercial Properties Inc.
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