Phoenix Industrial Asset Trades for $7M

The 86,000-square-foot distribution building is situated near Interstate-10 and Route 202. Axus Technologies occupies 23,000 square feet at the facility.
State Seal Corp. purchased an industrial distribution facility in Chandler, Az., through its subsidiary, LOC Leasing. Principal Ken McQueen of Lee & Associates Arizona represented the buyer, while Mike Parker and Evan Kaplan of CBRE represented the seller, CTC Industrial, an entity controlled by Hopewell Development. Lee & Associates recently facilitated the sale of an industrial portfolio in Phoenix, which commanded $12 million…
Categories : Finance

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