SOLD
Fundrise Acquires Industrial Property In Litchfield Park For $82.6M
7421 North Reems Road
Industrial
570 SF
570 SF
Sold 1 year ago
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
Details
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: $145View on map
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Address7421 North Reems Road
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