NAI Horizon negotiates $2.786 million sale of Phoenix warehouse
PHOENIX, ARIZONA (August 22, 2016): NAI Horizon Senior Vice President Isy Sonabend represented the buyer in the $2.786 million sale of a former truck dealership and repair facility at 2600 W. McDowell Rd., in Phoenix.
NAI Horizon represented 2600 W. McDowell, LLC, in the acquisition of the 48,000-square-foot building that includes industrial workshops and canopies.
The property sits on 11 acres and features 3,876 SF of office space, 21 enclosed truck bays with 3-ton crane capacity, 18 open canopy bays with 5-ton crane capacity, and 17- to 20-foot clear height.
“The location at the crossroads of the I-10 and I-17 interstates, coupled with lot size, attracted the buyer.” Sonabend said. “The buyer is excited to be a part of the revitalization of the area.”
The seller, Rush Truck Centers of America, was represented by Bill Honsaker of JLL.
About NAI Horizon
Established in 1992, NAI Horizon is a full-service commercial real estate brokerage and management firm serving Arizona through its offices in Phoenix and Tucson. In June 2015, NAI Horizon became one of the few broker-owned and operated full-service commercial real estate firms in Arizona.
Exceptional global commercial real estate solutions begin with local market leadership and expertise. NAI Horizon is passionate about the commercial real estate business, providing Brokerage and Property Management Services for local, national and international clients. NAI Horizon is a member of the NAI Global commercial real estate network which provides real estate solutions worldwide.
For more information visit www.naihorizon.com.
About NAI Global
NAI Global is the single largest, most powerful global network of owner-operated commercial real estate brokerage firms. NAI Global provides a full range of corporate real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services. NAI Global Member firms, leaders in their local markets, are actively managed to work in unison and provide clients with exceptional solutions to their commercial real estate needs. Founded in 1978, today NAI Global has more than 375 offices strategically located throughout North America, Latin America, Europe and Asia Pacific,
with over 6,700 local market professionals, managing over 380 million square feet of property. Supported by the central resources of the NAI Global network, Member firms deliver market-leading services locally and combine their in-market strengths to form a powerful bond of insights and execution for clients with multi-market challenges.
NAI Global was acquired in 2012 by C-III Capital Partners, a commercial real estate services company engaged in a broad range of activities, including primary and special loan servicing, loan origination, fund management, CDO management, principal investment, title services and multifamily property management.
To learn more, visit www.naiglobal.com.
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