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Real estate

Cushman & Wakefield advises on $8.7M industrial asset sale in Gilbert

Comercial real estate services firm Cushman & Wakefield has advised the sale of a freestanding 48,823-square-foot industrial manufacturing building in Gilbert to an affiliate of Cohen Asset Management, according to the company.

Located at 779 N. Colorado Street, Gilbert, the single-tenant building is 100% leased to an  LED lighting company. The property traded for $8.7 million.

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