Cohen Asset Management Acquires Industrial Property In Litchfield Park, AZ For $81.7M

An industrial property located at 15132 W Camelback Rd in Litchfield Park, AZ has been sold. The property spans a total area of 925,504 square feet. The transaction took place on May 25, 2023, with Cohen Asset Management acquiring the property from US Capital Development for a sale price of $81,700,000. The price per square foot for the property is $88.

Summary of transation details

• Property Type: Industrial
• Transaction Amount: $81,700,000
• Address: 15132 W Camelback Rd, Litchfield Park, AZ
• Market: Litchfield Park, AZ
• Buyer: Cohen Asset Management
• Seller: US Capital Development
• BROKERS: Will Strong & Rob Rubano - Cushman & Wakefield
• SF: 925,504
• PPSF: $88

Will Strong and Rob Rubano, representing Cushman & Wakefield, facilitated the transaction as brokers. They played an instrumental role in bringing together Cohen Asset Management and US Capital Development to complete the deal.