Hercules Industries Acquires Industrial Property In Phoenix For $18.2M | 4524 North 44th Avenue | Bill Douglass, Will Strong, Phil Haenel, Michael (Mike) Haenel, Andy Markham | Industrial | Sale

Summary

Sale

ARIZONA

Industrial

140,777 sqft

Hercules Industries has acquired an industrial property located at 4524 N. 44th Ave, Phoenix, AZ for a sale price of $18,200,000. The property spans across 6.9 acres and offers 140,777 square feet of space. The price per square foot amounts to $129.

Summary of transaction details:

Property Type: Industrial
Transaction Amount: $18,200,000
Address: 4524 N. 44th Ave, Phoenix, AZ
Market: Phoenix, AZ
Size: 6.9 acres
Price per Acre: $2,637,681
Square Footage: 140,777
Price per Square Foot: $129

The buyer, Hercules Industries, was represented by Bill Douglass from Upland Group Inc. The seller, BC5 LLC, was represented by Phil Haenel, Will Strong, Andy Markham, & Mike Haenel from Cushman & Wakefield.

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Players

Agents
5

Agencies
1

Bill Douglass

President / Broker

$18.2M Sold

Will Strong

Executive Managing Director

$1.1B Sold

Phil Haenel

Senior Director

$251.1M Sold

Michael (Mike) Haenel

Executive Managing Director

$69.6M Sold

Andy Markham

Executive Managing Director

$64.3M Sold

Details

Deal Summary

SOLD

IMAGE: Phil Haenel, Will Strong, Bill Douglass, Mike Haenel & Andy Markham DATE: 10/07/2021 ADDRESS: 4524 N. 44th Ave MARKET: Phoenix, AZ ASSET TYPE: Industrial ~ ACRES: 6.9 ~ PPA: $2,637,681 BUYER: Hercules Industries SELLER: BC5 LLC BUYER'S REP: Bill Douglass - Upland Group Inc SELLER'S REP: Phil Haenel, Will Strong, Andy Markham, & Mike Haenel - Cushman & Wakefield SALE PRICE: $18,200,000 SF: 140,777 ~ PPSF: $129

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Address4524 North 44th Avenue

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