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Industrial property changes hands in Gilbert

An entity tracing to RBS Investments purchased an industrial property at 1985 W. Tremaine Ave., Gilbert, on Oct. 24 for $6.85 million, according to commercial real estate website vizzda.com.

The deal was made with $3.09 million down and $7.3 million in new lending from the Bank of Arizona.

The sellers are Brian and Kimberly Torrey doing business as Elite Roofing Supply.

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Real estate

Industrial property changes hands in Gilbert

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An entity tracing to RBS Investments purchased an industrial property at 1985 W. Tremaine Ave., Gilbert, on Oct. 24 for $6.85 million, according to commercial real estate website vizzda.com.

The deal was made with $3.09 million down and $7.3 million in new lending from the Bank of Arizona.

The sellers are Brian and Kimberly Torrey doing business as Elite Roofing Supply.

The property has three buildings: a 2,512-square-foot office (built 1999) and two industrial buildings of 4,000 square feet and 1,000 square feet (built 2011) on 6.59 acres zoned general industrial.

Both industrial buildings have grade-level roll-up doors. 

RBS Investments, Brian Torrey, Kimberly Torrey, Elite Roofing Supply

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