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

8.16 ACRES OF LAND SOLD IN PEORIA, ARIZONA FOR TYR TACTICAL

05/13/2016

Commercial Properties, Inc., Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of 8.16 acres of land located on the Northwest corner of 91st Avenue & Olive Avenue in Peoria, Arizona.  Chad Dearmore represented the Seller, Narazona Corporation and Scott Truitt, of Western Land Company, LLC represented the buyer.  Dearmore put the buyer in touch with LGE Design Build to develop their new facility. 

TYR Tactical-SITE-11-24-15The City of Peoria was recently ranked in the Top 100 Places to Live in Money magazine and offers an expedited plan review and permitting process as part of the city's strategic development agenda.

Dearmore commented, "When large scale companies like TYR Tactical are looking to construct a brand new facility, putting them in contact with Industry leaders such as LGE Design Build to develop their project was a natural fit. This 8.16/AC of vacant land gave us an opportunity to do just that."

The Buyer, TYR Tactical purchased the site for $2.8mm.

Chad Dearmore may be contacted for additional information at cdearmore@cpiaz.com, or 480.522.2808

About TYR Tactical
TYR Tactical creates tactical gear with a commitment to the men and women who defend our country firmly in mind. The functionality and durability at the core of our tactical equipment has sparked a revolution in our industry, and made us a leader in the field of tactical gear manufacturers. Our gear reduces weight, minimizes bulk and increases durability, keeping soldiers well-protected as they carry out their duties.  Visit our web site at: www.tyrtactical.com

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 166 projects under property management, totaling over 6 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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