Just Sold 2 N. 35th Ave. and 36 N. 35th Ave. in Phoenix, AZ

The sale of 2 N. 35th Avenue and 36 N. 35th Avenue in Phoenix, Arizona, an industrial distribution property, was recently recorded.  The buildings contain 93,912 square feet and were built in 1980.  The property sold to H35 Building LLP, an Arizona Limited Partnership.  The seller was Lindquist Development Company, Inc., an Oregon Corporation.   The sales price was $3,050,000 which equates to $32.48 per square foot.  The buildings were 38% occupied at closing.

Steve Grossoehme of Rein & Grossoehme Commercial Real Estate negotiated the transaction. For more information regarding the above listed transaction, contact Steve Grossoehme at 480-214-9413 or Steve@RGcre.com.

Specializing in commercial real estate for over 20 years, Rein & Grossoehme is consistently recognized as a market leader in Arizona and provides services in retail leasing and sales, office leasing and sales, industrial leasing and sales, land and pads, self storage properties, multi-family properties, single tenant triple net leased properties, and tenant representation.

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