INDUS Realty Trust Acquires Three Industrial Buildings In Tolleson For $116.7 Million
4 South 84th Avenue, 5 South 84th Avenue & 10397 West Van Buren Street
$116,700,000
$53/SF
Building Size
2,184,000 SF
Asset Type
Industrial
Closing
Sep 3, 2025
AI
Three industrial buildings located at 4 South 84th Avenue, 5 South 84th Avenue, and 10397 West Van Buren Street in Tolleson, AZ were sold for $116.7 million. The total square footage of the properties is 728,000, with a price per square foot of $160, and they are fully leased.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $116,700,000
- Buyer: INDUS Realty Trust
- Seller: Link Logistics Real Estate
- Brokers: Will Strong, Molly Hunt, Michael Matchett & Jack Stamets - Cushman & Wakefield
INDUS Realty Trust acquired these properties from Link Logistics Real Estate, facilitated by a team of brokers from Cushman & Wakefield, which included Will Strong, Molly Hunt, Michael Matchett, and Jack Stamets.
Players
Tolleson 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
0.14%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93