ADV Reline Service Inc. Acquires Industrial Building From Cavan Commercial For $6.1M In Mesa, AZ

The transaction involved the sale of a newly built industrial building located at 7320 East Pecos Road in Mesa, Arizona. This facility encompasses 15,796 square feet and was sold for $6,100,000, equating to a price per square foot of $386. The property features a secure fenced yard and is part of the Pecos 17 Industrial Development, catering to the needs of industrial operations.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $6,100,000
• Buyer: ADV Reline Service Inc.
• Seller: Dale Cavan - Cavan Commercial
• Broker: CRE8 Advisors
• Square Footage: 15,796
• Price per Square Foot: $386
• Address: 7320 East Pecos Road
• Market: Mesa, AZ

CRE8 Advisors facilitated this transaction, representing both parties in the deal, with ADV Reline Service Inc. acquiring the property from Cavan Commercial to enhance its underground pipe repair operations and expansion efforts.