Bradley Cohen Of Cohen Asset Management Acquires Industrial Property In Mesa For $98M

The industrial property at 8945 East Elliot Road in Mesa, Arizona, has been acquired for $98 million. The asset spans 516,944 square feet, translating to a price per square foot of $189.58. This transaction reflects the market dynamics within the Mesa, AZ area.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $98,000,000
• Buyer: Bradley Cohen - Cohen Asset Management
• Seller: Adam Nims - Trammell Crow Company
• Broker: Kidder Mathews
• Financing: Nationwide Life Insurance provided a $56.8 million mortgage

Bradley Cohen represented Cohen Asset Management in securing the purchase from seller Adam Nims, who represented Trammell Crow Company. This transaction highlights the involvement of key representatives in orchestrating the deal within the commercial real estate market.