ViaWest Group Acquires Industrial Park From Stos Partners In Phoenix For $16.5M

1002 South 54th Avenue

$16,500,000

$165/SF

Building Size

100,000 SF

Asset Type

Industrial

Closing

May 9, 2024

AI

The industrial park located at 1002 South 54th Avenue in Phoenix, AZ, spanning 100,000 square feet, was sold for $16.5 million. The property was fully leased to Copper State Bolt & Nut Co., making it a valuable asset in the market.

Summary of transaction details:

Property Type: Industrial
Transaction Amount: $16,500,000
Buyer: ViaWest Group
Seller: Stos Partners
Brokers: Anna Josephson - KBC Advisors, Foster Bundy, Katie Repine, Phil Haenel & Will Strong - Cushman & Wakefield
Address: 1002 South 54th Avenue
Market: Phoenix, AZ
SF: 100,000
PPSF: $165

The deal was facilitated by a team of brokers including Anna Josephson from KBC Advisors and Foster Bundy, Katie Repine, Phil Haenel, and Will Strong from Cushman & Wakefield, representing the buyer and seller in this significant transaction.

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