Stos Partners Acquires Industrial Complex In Phoenix, AZ For $9M

Stos Partners, a prominent commercial real estate investment and management firm, has acquired an industrial complex in Phoenix, Arizona. The property is located at 620 North 43rd Avenue and spans 49,513 square feet. The transaction was completed for a total sale price of $9 million, equating to $181.77 per square foot. The seller of the property was Auto Body Parts LLC.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $9,000,000
• Square Footage: 49,513
• Address: 620 North 43rd Avenue
• Market: Phoenix, AZ

The acquisition was made by CJ Stos, Jason Richards, Jay Boyle, and Morgan Hill from Stos Partners. The buyer's representatives in the deal were Foster Bundy and Phil Haenel from Cushman & Wakefield, along with Jeff Hays from Commercial Properties.

NOTE: Stos Partners acquired the industrial complex from Auto Body Parts LLC.