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111 East Buckeye Road, Phoe...

Updated Oct 28, 2024

Westcore Properties Acquires Industrial Property In Phoenix, AZ From ViaWest Group For $93.5M
SOLDIndustrial

Westcore Properties Acquires Industrial Property In Phoenix, AZ From ViaWest Group For $93.5M

111 East Buckeye Road, Phoenix, Arizona 85004, United States

$93,500,000

Building Size

Asset Type

Industrial

Closing

Oct 26, 2022

About this deal

AI

The industrial property located at 111 East Buckeye Road in Phoenix, AZ has been sold for a total of $93,500,000. The transaction took place on October 27, 2022.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $93,500,000
  • Address: 111 East Buckeye Road, Phoenix, AZ
  • Market: Phoenix, AZ

The buyer of the property is Westcore Properties, while the seller is ViaWest Group.

The industrial sale at 111 East Buckeye Road, Phoenix, Arizona 85004, United States in Phoenix, Arizona sold for $93.5M in 2022. 111 East Buckeye Road, Phoenix, Arizona 85004, United States is classified as Industrial on Traded. This page is the Phoenix, Arizona file for the 111 East Buckeye Road, Phoenix, Arizona 85004, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Phoenix sit in the Market section below. Filter that Phoenix industrial set by closing date to see what else sold near 111 East Buckeye Road, Phoenix, Arizona 85004, United States around 2022. Published consideration for 111 East Buckeye Road, Phoenix, Arizona 85004, United States is $93.5M, dated 2022. Cite this Westcore Properties Acquires Industrial Property In Phoenix, AZ From ViaWest Group For $93.5M sale when underwriting similar industrial product around Phoenix, Arizona.

Players

WP
Westcore PropertiesBuyer
VG
ViaWest GroupSeller

Phoenix Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.17%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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