Matthew Baron Of Baron Property Group Acquires Industrial Portfolio From Piercey Realty Ventures In Phoenix And Henderson

The transaction involves the acquisition of a fully leased seven-property industrial portfolio located in Phoenix, AZ, and Henderson, NV, encompassing a total of 426,940 square feet. The buyer for this portfolio is Matthew Baron of Baron Property Group, while the seller is Piercey Realty Ventures. The acquisition was arranged by Cushman & Wakefield, which facilitated the deal for both parties.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Undisclosed
• Buyer: Matthew Baron - Baron Property Group
• Seller: Piercey Realty Ventures
• Brokers: Will Strong, Molly Miller Hunt, Michael Matchett, Jack Stamets, Madeline Warren, Jason Griffis & Alma Cuevas - Cushman & Wakefield
• Market: Phoenix, AZ & Henderson, NV
• Asset Size: 426,940 square feet
• Tenants: 11 regional and national tenants

The deal highlights the collaborative efforts of Cushman & Wakefield in representing both the buyer and the seller, underlining the company's involvement in a significant industrial portfolio transaction. The diversity of tenants within the portfolio adds to the asset's value and strategic importance within the market.