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Eric Artz Of Recreational Equipment Inc. Sells Goodyear Industrial Asset For $46.4M

Property Image
SOLD
$46,400,000

Arizona

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Industrial410,421 SF
Sold 02/26/2025
the dealdetailscomps
Property Image
SOLD

Eric Artz Of Recreational Equipment Inc. Sells Goodyear Industrial Asset For $46.4M

4877 North Cotton Lane

See Similar Deals
Industrial410,421 SF
Sold 02/26/2025
the dealdetailscomps

Summary

ARIZONA
Asset Type:Industrial
Price Per Square Foot:$113
Total Square Footage:410,421 SF
Transaction Type:Sale

The property involved in this transaction is an industrial asset located at 4877 North Cotton Lane in Goodyear, AZ. The sale-leaseback deal was executed for a total of $46.4 million. The warehouse spans a sizable 410,421 square feet, translating to a price per square foot of approximately $113.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $46,400,000
  • Address: 4877 North Cotton Lane
  • Market: Goodyear, AZ
  • Buyer: Eric Artz - Recreational Equipment Inc. (REI)
  • Seller: Madison Capital
  • Square Footage: 410,421
  • Price Per Square Foot: $113

Eric Artz represented Recreational Equipment Inc. (REI) in the sale of the property to Madison Capital. This transaction illustrates a strategic sale-leaseback arrangement, enabling REI to continue operations in the warehouse while transferring ownership to Madison Capital.

Players

Madison Capital Group
Madison Capital Group
SELLER
Madison Capital Group
Madison Capital Group
LANDLORD

Details

SOLD
IMAGE: 02/26/2025 ADDRESS: 4877 North Cotton Lane MARKET: Goodyear, AZ ASSET TYPE: Industrial BUYER: Eric Artz - Recreational Equipment Inc. (REI) SELLER: Madison Capital SALE PRICE: $46,400,000 SF: 410,421 ~ PPSF: $113 NOTE: REI sold its 410,421-square-foot Goodyear, AZ warehouse at 4877 N. Cotton Lane to Madison Capital for $46.4M in a sale-leaseback deal.

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