Press Release brought to you by Commercial Properties, Inc./CORFAC International

51,250 SF INDUSTRIAL BUILDING SOLD IN PHOENIX, AZ

09/29/2016

Commercial Properties, Inc. (CPI), Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of an industrial building at 6902 W Hadley Street in Phoenix, Arizona.

The building is approximately 51,250 SF originally built in 1996 and is situated on 6.75 acres of land.  Located just north of Buckeye Road, the property is near 67th Avenue on Hadley Street, with neighboring businesses such as FedEx Ground, Target Distribution and Amazon Fulfillment Centers.  Jeff Hays of CPI’s Investment Specialists Team represented the seller, JM Wells Company, LLC               . 

Lee & Associates represented the tenant, Sun Country Trailers, who exercised their lease purchase option and purchased the property for $2.55 million.

Jeff Hays may be contacted for additional information at jhays@cpiaz.com, or 480.889-2552.

About Commercial Properties Inc./CORFAC International
CPI is a CORFAC International affiliate, full-service Brokerage and Property Management firm for all product types. Headquartered in Tempe, the company has more than 50 brokers and occupies two offices locally. Currently, CPI's listings include over 20 million square feet for sale/lease, and 180 projects under property management, totaling over 6.2 million square feet. Please visit our web site at www.cpiaz.com.

Copyright © 2016 J & J Commercial Properties Inc.

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Commercial Properties, Inc./CORFAC International

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