CORFAC News

Tempe, AZ (July 30, 2014) - Commercial Properties, Inc./CORFAC International, Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of a 10,093 SF industrial warehouse building located at 1929 N Rosemont in Mesa, Arizona. Andy Jaffe, SIOR and Rex Griswold of CPI's Tempe Office represented both the buyer and the seller in this transaction.

The reinforced concrete building was built in 2000, and is part of a 85,000 SF project.  1929 N Rosemont is a single tenant building formerly owned by the Lawrence & Laurie Rudner Family Trust. KDS Properties, LLC purchased the property which is located just south of Loop 202 off McKellips Road, and west of Higley Road.  The building is conveniently located across from Falcon Field Municipal Airport.

The sale was valued at $812,500 ($80.50 per foot).  Andy Jaffe, SIOR & Rex Griswold may be contacted for additional information at ajaffe@cpiaz.com, 480.214.1132 or rgriswold@cpiaz.com, 480.244.7222.

About Commercial Properties Inc./CORFAC International
CPI is a CORFAC International affiliate, full-service Brokerage and Property Management firm for all product types. Headquartered in Tempe, the company has more than 50 brokers and occupies two offices locally. Currently, CPI's listings include over ±16.7 million square feet for sale/lease, and 131 projects under property management, totaling more than 4.7 million square feet. Please visit our web site at www.cpiaz.com.