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4050 East Cotton Center Boulevard
SOLD

Sean W. Williams Buys Industrial Complex From Larry Krauss In Phoenix For $38M

4050 East Cotton Center Boulevard

Industrial
228,605 SF
clock iconSold 143 days ago
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Summary

Sale
ARIZONA
Industrial
228,605 sqft

The Koll Cotton Center, a sizable multi-tenant light industrial complex spanning 228,605 square feet, located at 4050 East Cotton Center Boulevard in Phoenix, AZ, was sold for $38 million. The property, boasting a 98% occupancy rate at the time of sale, was acquired by G.W. Williams Co, with TerraCap serving as the seller represented by Cushman & Wakefield. The transaction took place on 02/21/2024.

Summary of transation details:

  • Property Type: Industrial
  • Transaction Amount: $38,000,000
  • Buyer: Sean W. Williams - G.W. Williams Co
  • Seller: Larry Krauss - TerraCap
  • Broker: Molly Hunt - Cushman & Wakefield
  • Market: Phoenix, AZ
  • Square Footage: 228,605
  • Price Per Square Foot: $166

Sean W. Williams of G.W. Williams Co played the role of the buyer in this industrial property transaction. Larry Krauss from TerraCap acted as the seller, while the brokerage representation was handled by Molly Hunt of Cushman & Wakefield. The sale of the Koll Cotton Center in Phoenix, Arizona, solidified the deal, with the property showing a strong occupancy rate at the time of transfer.

Players

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    2

  • Agents

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  • Agencies

    1

Molly Hunt's profile picture
Molly Hunt
Cushman & Wakefield-image
Associate
$479.5M Sold

Details

Deal Summary
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SOLD
IMAGE: Sean W. Williams, Larry Krauss & Molly Hunt DATE: 02/21/2024 ADDRESS: 4050 East Cotton Center Boulevard MARKET: Phoenix, AZ ASSET TYPE: Industrial BUYER: Sean W. Williams - G.W. Williams Co SELLER: Larry Krauss - TerraCap BROKER: Molly Hunt - Cushman & Wakefield SALE PRICE: $38,000,000 SF: 228,605 ~ PPSF: $166 NOTE: TerraCap has sold the Koll Cotton Center, a sizable multi-tenant light industrial complex spanning 228,605 square feet in Phoenix's Sky Harbor submarket, for $38 million, boasting a 98% occupancy rate at the time of sale.

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Address4050 East Cotton Center Boulevard

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