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

TWO INDUSTRIAL WAREHOUSE BUILDINGS SOLD IN CHANDLER, AZ

01/16/2018

Commercial Properties, Inc./CORFAC International. (CPI), Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of Hamilton Business Park.  The property consists of two industrial buildings with a shared fenced and secured yard positioned on .95 acres located at 503 & 505 East Boston Circle in Chandler, Arizona.

The buildings together equal approximately ±10,161 square feet, located in Elliot Commerce Park. Leroy Breinholt, David Bean and Cory Sposi of CPI’s Industrial Team represented the owner, Eric J & Susan Cassinat. 

Breinholt commented, "This was simply two industrial buildings with a yard between them. The property was cleaned up and suited itself to any Industrial user that needed a yard, which was very hard to find. The property was only on the market for a couple of months, and sold to an owner/user."

NAI Horizon represented the 1031 buyer, Pacific Desert LLC. Pacific Desert, LLC purchased the property for $1.129 million ($111 psf).

Leroy Breinholt, David Bean or Cory Sposi may be contacted for additional information at lbreinholt@cpiaz.com and 480.966.6593, dbean@cpiaz.com at 480.214.1105 or csposi@cpiaz.com at 480.621.4025.

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 more than 180 projects under property management, totaling over 6.2 million square feet. Please visit our website at www.cpiaz.com.

Copyright © 2018 J & J Commercial Properties Inc. 

Source

Commercial Properties, Inc./CORFAC International

Want more news about Commercial Properties, Inc./CORFAC International? Click here
Connect: Jason Price