The property involved in the transaction is a newly constructed Class A industrial development located at 3750 South 156th Avenue in Goodyear, AZ. The building spans 120,000 square feet and was sold for $21.8 million, equating to a price per square foot of $182.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $21,800,000
• Address: 3750 South 156th Avenue
• Market: Goodyear, AZ
• Brokers: Dean Wiley, Kirk Kuller, Michael Matchett, Molly Hunt & Will Strong - Cushman & Wakefield

Cushman & Wakefield played a key role in facilitating the sale of the industrial property known as Elwood Rising. The property, which is fully leased to a global industrial services company, was successfully sold by Atlas Capital Partners to Cohen Asset Management.