facebook
Traded Co logo
Submit
Daily limit: 0/10

Andy Burke Of Westcore Acquires Industrial Campus In Phoenix For $90.7M From Richard Mack

Property Image
SOLD
$90,700,000

Arizona

See Similar Deals
Industrial997,437 SF
Sold 01/09/2026
the dealdetailscomps
Property Image
SOLD

Andy Burke Of Westcore Acquires Industrial Campus In Phoenix For $90.7M From Richard Mack

23869 North 19th Avenue, 23975 North 19th Avenue & 1775 West Alameda Road

See Similar Deals
Industrial997,437 SF
Sold 01/09/2026

Summary

ARIZONA
Asset Type:Industrial
Price Per Square Foot:$90
Total Square Footage:997,437 SF
Transaction Type:Sale

A three-building industrial campus consisting of 332,479 square feet located at 23869 North 19th Avenue, 23975 North 19th Avenue & 1775 West Alameda Road in Phoenix, AZ, was sold for $90,700,000. The buildings are set to be rebranded as Westcore Innovation Park following the acquisition.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $90,700,000
  • Square Footage: 332,479
  • Address: 23869 North 19th Avenue, 23975 North 19th Avenue & 1775 West Alameda Road
  • Market: Phoenix, AZ
  • Price Per Square Foot: $273
  • Buyer: Andy Burke - Westcore
  • Seller: Richard Mack - Mack Real Estate Group

Andy Burke represented Westcore in this transaction, while Richard Mack represented Mack Real Estate Group, facilitating the deal for the industrial campus acquisition.

Players

BUYER

Details

SOLD
IMAGE: 01/09/2026 ADDRESS: 23869-23975 North 19th Avenue & 1775 West Alameda Road MARKET: Phoenix, AZ ASSET TYPE: Industrial BUYER: Andy Burke - Westcore SELLER: Richard Mack - Mack Real Estate Group SALE PRICE: $90,700,000 SF: 332,479 ~ PPSF: $273 NOTE: Westcore acquired a three-building, 332,479-sf industrial campus in Deer Valley, Phoenix, for $90.7M and will rebrand it as Westcore Innovation Park.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$4,837,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$322,237.96
Cash-on-Cash Return-1.27%
Monthly Debt Service$429,964.27
Annual Debt Service$5,159,571.28