Updated Sep 14, 2026
ARIS MESA LLC Acquires Industrial Facility From CRG At 7111 South Crismon Road In Mesa
7111 South Crismon Road
Building Size
1,200,000 SF
Asset Type
Industrial
Closing
Sep 11, 2026
About this deal
AI
The property asset involved in this transaction is a 1.2 million-square-foot Class A industrial facility located at 7111 South Crismon Road, Mesa, AZ. The market for this asset highlights a significant investment in industrial spaces, with the sale underscoring the robust demand for logistics properties in the region.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Square Footage: 1,200,000
- Address: 7111 South Crismon Road
- Market: Mesa, AZ
- Buyer: ARIS MESA LLC
- Seller: CRG
- Brokers: Will Strong, Molly Miller Hunt, Jack Stamets, Michael Matchett & Madeline Warren - Cushman & Wakefield
Cushman & Wakefield arranged the sale of The Cubes at Mesa Gateway, Building C, representing seller CRG and successfully procuring a global alternative asset manager as the buyer. This transaction marks the largest single-building industrial sale in Phoenix for the year 2026.
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Industrial
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93