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7421 North Reems Road
SOLD

Fundrise Acquires Industrial Property In Litchfield Park For $82.6M

7421 North Reems Road

Industrial
570 SF
clock iconSold 1 year ago
Molly Hunt
Micki Strain
Kirk Kuller
+ 3
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Summary

Sale
ARIZONA
Industrial
570 sqft

An industrial property located at 7421 N. Reems Road in Litchfield Park has been sold for a total price of $82,600,000. The property spans 570,080 square feet, resulting in a price per square foot of $145. The transaction occurred on April 10, 2023. The buyer of the property is Fundrise, while the seller is CRG.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $82,600,000
  • Square Footage: 570,080
  • Price Per Square Foot: $145
  • Date: April 10, 2023
  • Address: 7421 N. Reems Road, Litchfield Park
  • Buyer: Fundrise
  • Seller: CRG

The deal was facilitated by Cushman & Wakefield, with brokers Will Strong, Phil Haenel, Micki Strain, Kirk Kuller, and Molly Hunt representing both the buyer and the seller.

Players

  • All

    6

  • Agents

    5

  • Agencies

    1

Molly Hunt's profile picture
Molly Hunt
Cushman & Wakefield-image
Associate
$479.5M Sold
Micki Strain's profile picture
Kirk Kuller's profile picture
Phil Haenel's profile picture

Details

Deal Summary
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SOLD
IMAGE: Phil Haenel, Will Strong, Kirk Kuller, Molly Hunt & Micki Strain DATE: 04/10/2023 ADDRESS: 7421 N. Reems Road MARKET: Litchfield Park ASSET TYPE: Industrial BUYER: Fundrise SELLER: CRG BROKERS: Will Strong, Phil Haenel, Micki Strain, Kirk Kuller & Molly Hunt - Cushman & Wakefield SALE PRICE: $82,600,000 SF: 570,080 ~ PPSF: $145

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Address7421 North Reems Road

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