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Time Equities Inc Acquires Industrial Site In Anchorage From 58th Avenue Warehouse LLC For $9.1M

Property Image
SOLD
$9,100,000

Alaska

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Industrial48,001 SF
Sold 07/08/2024
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Property Image
SOLD

Time Equities Inc Acquires Industrial Site In Anchorage From 58th Avenue Warehouse LLC For $9.1M

501 West 58th Avenue

See Similar Deals
Industrial48,001 SF
Sold 07/08/2024
the dealplayerscompscontact
Contact now

Summary

ALASKA
Asset Type:Industrial
Price Per Square Foot:$189
Total Square Footage:48,001 SF
Transaction Type:Sale

The property asset involved in this transaction is an industrial site located at 501 West 58th Avenue, Anchorage, AK. The site spans 2.44 acres and features 48,001 square feet of space. The sale was completed for $9,100,000, resulting in a price per square foot of $190.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $9,100,000
  • Address: 501 West 58th Avenue
  • Market: Anchorage, AK
  • Acres: 2.44
  • Square Footage: 48,001
  • Price Per Square Foot: $190
  • Buyer: Ami Ziff, Jonathan Kim, Grant Scott & Eli Smith - Time Equities, Inc. (TEI)
  • Seller: 58TH Avenue Warehouse LLC / Chugach Alaska Corporation
  • Broker: Eric Sobolik - Jack White Commercial

Time Equities, Inc. (TEI) acquired the industrial site, marking its fourth property in the Anchorage area. The location is fully leased to Platt Electric and Chugach Alaska.

Players

Eric Sobolik
Jack White Commercial
Eric Sobolik
1 deal$9.1M volume(907) 231-2270
BROKER

Details

SOLD
IMAGE: 07/08/2024 ADDRESS: 501 West 58th Avenue MARKET: Anchorage, AK ASSET TYPE: Industrial ~ ACRES: 2.44 BUYER: Ami Ziff, Jonathan Kim, Grant Scott & Eli Smith - Time Equities, Inc. (TEI) SELLER: 58TH Avenue Warehouse LLC / Chugach Alaska Corporation BROKER: Eric Sobolik - Jack White Commercial SALE PRICE: $9,100,000 SF: 48,001 ~ PPSF: $190 NOTE: Time Equities, Inc. (TEI) acquired an industrial site at 501 West 58th Avenue in Anchorage, Alaska, for $9.1 million, marking its fourth property in the area. The 2.44-acre site, featuring 48,001 square feet of space, is fully leased to Platt Electric and Chugach Alaska.

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