CORFAC News

Contact: Jason Price
Phone (480) 214-1107
Fax (480) 966-2307
jprice@cpiaz.com

Tempe, AZ (May 2, 2013) - Commercial Properties Incorporated/CORFAC International (CPI) proudly announces the sale of a 53,823 square-foot property located in the East Valley at 6402 E. Superstition Springs Blvd. in Mesa, Ariz. Ken Elmer of CPI’s Scottsdale Office brokered the sale for Westwind Holdings, LLC in Chandler to the new owner, Tierra Properties VII, Prescott, Ariz.

“This high-quality office space ideally matched the buyer’s criteria, and even more appealing, was its 89 percent occupancy rate,” Elmer said.

The sale was valued at $7.1 million ($131.91 per square foot). CPI and Elmer have retained the property leasing rights with the new owner.

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 over 50 brokers and occupies two offices locally to serve clients. Currently, CPI's listings include more than 55.5 million square feet for sale/lease, and over 120 projects under property management, approaching 4.5 million square feet. Please visit our web site at www.cpiaz.com.