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2626 East Elwood Street
SOLD

Edgewood REIT Acquires Alliance Plumbing Industrial Building In Phoenix For $6.4M

2626 East Elwood Street

Industrial
25,393 SF
clock iconSold 146 days ago
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Summary

Sale
ARIZONA
Industrial
25,393 sqft

An industrial building located at 2626 East Elwood Street in Phoenix, AZ, was involved in a recent sale-leaseback transaction. The property, spanning 25,393 square feet, was acquired by Edgewood REIT from Alliance Plumbing Service & Repair for $6.4 million, equating to $252 per square foot.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $6,400,000
  • Address: 2626 East Elwood Street
  • Market: Phoenix, AZ
  • Buyer: Phil Gisi - Edgewood REIT
  • Seller: Kelly Caudel - Alliance Plumbing Service & Repair
  • Broker: Brian Ackerman - Colliers International

Phil Gisi represented Edgewood REIT, while Kelly Caudel was the seller from Alliance Plumbing Service & Repair in the sale-leaseback deal facilitated by Brian Ackerman of Colliers International. The transaction involved the transfer of ownership of the industrial property in central Phoenix.

Players

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    2

  • Agents

    1

  • Agencies

    1

Brian Ackerman's profile picture
Brian Ackerman
Colliers International-image
Managing Director
$53.4M Sold

Details

Deal Summary
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SOLD
IMAGE: Phil Gisi, Kelly Caudel & Brian Ackerman DATE: 02/19/2024 ADDRESS: 2626 East Elwood Street MARKET: Phoenix, AZ ASSET TYPE: Industrial BUYER: Phil Gisi - Edgewood REIT SELLER: Kelly Caudel - Alliance Plumbing Service & Repair BROKER: Brian Ackerman - Colliers International SALE PRICE: $6,400,000 SF: 25,393 ~ PPSF: $252 NOTE: Alliance Plumbing Service and Repair completed a sale-leaseback of an industrial building in central Phoenix at 2626 E. Elwood St., acquired by Edgewood REIT for $6.4 million.

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Address2626 East Elwood Street

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