01
Jul2014
Commercial Properties/CORFAC Reports Top Transactions
Contact:Jason Price480-214-1107jprice@cpiaz.com
July 1, 2014 (Tempe, AZ) - Commercial Properties, Inc./CORFAC International, Arizona’s largest locally owned commercial real estate brokerage, reports its top transactions last week. In total the firm completed 138 transactions in June for a total of 617,718 square feet.
Leading the Sales Transactions Category last week, Tyson Breinholt and Matt Zaccardi handled both sides of the deal for a ±45,016 SF office property sold to Pathfinder TRF P LLC, at 2045 S. Vineyard Avenue in Mesa for $2.35 million. Tyson Breinholt and Matt Zaccardi may be contacted for additional information at tbreinholt@cpiaz.com, mzaccardi@cpiaz.com or 480.966.2301
In office sales, Brandon Koplin sold ±12,000 SF office condominium at 13034 W. Rancho Santa Fe Blvd., in Avondale, Arizona to 525 South Douglas Street, LLC. Koplin commented, "This sale/leaseback deal required a sophisticated buyer for a very complex transaction. The building sold for $1.4 million cash, keeping the tenants in place." Brandon Koplin may be contacted for additional information at bkoplin@cpiaz.com, or 480.214.1103
Jeff Hays, Chad Neppl, and Ryan Steele just closed an off market investment sale. The ±19,012 SF Industrial building on approximately 2 acres of land is located at 331 S Price Road in Chandler, Arizona. The building sold to MDB 331 S Price Road, LLC for $1.3 million. Jeff Hays, Chad Neppl, and Ryan Steele may be contacted for additional information at jhays@cpiaz.com, cneppl@cpiaz.com, rsteele@cpiaz.com, or 480.966.2301.
Leroy Breinholt sold a ±14,863 SF industrial property at 7424 S Atwood Street in Mesa, Arizona to 7424 S Atwood, LLC, for $1,074,400. "The building was ideal for the owner/user, who plans to use the space as a local distribution center," said Breinholt. Leroy Breinholt may be contacted for additional information at lbreinholt@cpiaz.com, or 480.966-6593.
About Commercial Properties Inc./CORFAC InternationalCPI 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 more than 55.5 million square feet for sale/lease, and 130 projects under property management, totaling approximately 4.5 million square feet. Please visit our web site at www.cpiaz.com.
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