Steel Peak Acquires Two Industrial Properties In Phoenix Area For $7.1 Million

Steel Peak acquired two industrial outdoor storage properties in the Phoenix area, specifically located at 8079 West Olive Avenue in Peoria and 2435 West Broadway Road in Phoenix. The total transaction value for these properties was $7,100,000, with a combined square footage of 14,699, resulting in a price per square foot of $483. The properties are situated on a total of 5.04 acres.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: $7,100,000
• Address: 8079 West Olive Avenue, Peoria, AZ
• Address: 2435 West Broadway Road, Phoenix, AZ
• Market: Peoria & Phoenix, AZ
• Square Footage: 14,699
• Price per Square Foot: $483
• Buyer: Aaron Gill, Blake Rodgers & Pasha Johnson
• Company: Steel Peak
• Acquisition Dates: Second and third acquisitions in two months
• Total Holdings: 21 properties across the Southwest and West

The deal involved key individuals: Aaron Gill, Blake Rodgers, and Pasha Johnson, who are all representatives of Steel Peak. Each of these individuals played a significant role in finalizing the acquisitions of the two properties, contributing to the firm's expansion in the Phoenix market.