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8590 West Jefferson Street
SOLD

Stonelake Capital Partners Acquires Industrial Property In Tolleson For $8.3M

8590 West Jefferson Street

Industrial
37,587 SF
clock iconSold 275 days ago
Foster Bundy
Will Strong
Phil Haenel
+ 3
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Summary

Sale
ARIZONA
Industrial
37,587 sqft

Westcore has sold an industrial property in Tolleson, near Phoenix, to Texas-based Stonelake Capital Partners for $8.3 million. The property, located at 8590 W. Jefferson St., sits on 4.4 acres and comprises 37,587 square feet of industrial space. It is fully leased to a wholesale plumbing, waterworks, irrigation, and industrial piping distributor based in Utah.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $8,300,000
  • SF: 37,587
  • PPSF: $221
  • Address: 8590 W. Jefferson St
  • Market: Tolleson, AZ

The seller, Westcore, successfully closed the deal with the buyer, Stonelake Capital Partners, for the industrial property. The transaction was facilitated by the brokers Andy Markham, Foster Bundy, Michael Haenel, Phil Haenel, and Will Strong from Cushman & Wakefield.

Players

  • All

    6

  • Agents

    5

  • Agencies

    1

Foster Bundy's profile picture
Foster Bundy
Cushman & Wakefield-image
Senior Associate
$41.6M Sold
Phil Haenel's profile picture

Details

Deal Summary
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SOLD
IMAGE: Andy Markham, Foster Bundy, Michael Haenel, Phil Haenel & Will Strong DATE: 08/01/2023 ADDRESS: 8590 W. Jefferson St MARKET: Tolleson, AZ ASSET TYPE: Industrial BUYER: Stonelake Capital Partners SELLER: Westcore BROKERS: Andy Markham, Foster Bundy, Michael Haenel, Phil Haenel & Will Strong - Cushman & Wakefield SALE PRICE: $8,300,000 SF: 37,587 ~ PPSF: $221 NOTE: Westcore has sold an industrial property in Tolleson, near Phoenix, to Texas-based Stonelake Capital Partners for $8.3 million. The property, located at 8590 W. Jefferson St., sits on 4.4 acres and comprises 37,587 square feet of industrial space, fully leased to a wholesale plumbing, waterworks, irrigation, and industrial piping distributor based in Utah.

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Address8590 West Jefferson Street

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