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

Property Image
SOLD
$8,300,000
Foster Bundy
Will Strong
Phil Haenel
+ 2

Arizona

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Industrial37,587 SF
Sold 08/01/2023
the dealplayerscompscontact
Property Image
SOLD

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

8590 West Jefferson Street Tolleson, Arizona 85353, USA

See Similar Deals
Industrial37,587 SF
Sold 08/01/2023
Foster Bundy
Will Strong
Phil Haenel
+ 2
the dealplayerscompscontact
Contact now

Summary

ARIZONA
Asset Type:Industrial
Price Per Square Foot:$220
Total Square Footage:37,587 SF
Transaction Type:Sale

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

Phil Haenel
Cushman & Wakefield
Phil Haenel
20 deals$518.3M volume
BROKER
Michael (Mike) Haenel
Cushman & Wakefield
Michael Haenel
7 deals$110.6M volume
BROKER
Andy Markham
Cushman & Wakefield
Andy Markham
5 deals$91.8M volume
BROKER
Will Strong
Cushman & Wakefield
Will Strong
54 deals$3.2B volume
BROKER
Foster Bundy
Cushman & Wakefield
Foster Bundy
11 deals$251.9M volume(602) 229-5919
BROKER
Stonelake Capital Partners
Stonelake Capital Partners
BUYER
Westcore
Westcore
SELLER

Details

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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