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

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.