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22 Oct2013

CPI/CORFAC Announces the Sale of an 88,774 Industrial Property in Phoenix

Contact:
John Soldo
480-966-1304

Leroy Breinholt
480-966-6593

Phoeneix, AZ (October 22, 2013) - Commercial Properties Incorporated/CORFAC International (CPI) proudly announces the sale of an 88,407 SF Industrial property located in Phoenix, Arizona.

John Soldo and Leroy Breinholt of CPI’s Industrial Team represented the buyer, Chrisman Lock Chiang, in the recent purchase of 43 North 48th Avenue in Phoenix, AZ.

“Chrisman Lock Chiang is a tool and manufacturing owner/user from California who purchased this building for cash.  The property sits on approximately 4 acres of land,” Soldo commented.

The sale was valued at $2.5 million ($28.27 per square foot).

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 have 130 projects under property management, totaling approximately 4.5 million square feet. Please visit our web site at www.cpiaz.com.
 

 

MEDIA CONTACT

Patricia True Agos
773-758-5044
patricia@ktpronline.com

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