Cushman & Wakefield announced the firm has advised the sale of Desert Cove Industrial Center, a newly constructed 168,000-square-foot (SF) Class A industrial property located at 11301 North …
You must be a member to read this story.
Join our family of readers for as little as $5 per month and support local, unbiased journalism.
Current print subscribers can create a free account by clicking here
Otherwise, follow the link below to join.
To Our Valued Readers –
Visitors to our website will be limited to five stories per month unless they opt to subscribe. The five stories do not include our exclusive content written by our journalists.
For $6.99, less than 20 cents a day, digital subscribers will receive unlimited access to YourValley.net, including exclusive content from our newsroom and access to our Daily Independent e-edition.
Our commitment to balanced, fair reporting and local coverage provides insight and perspective not found anywhere else.
Your financial commitment will help to preserve the kind of honest journalism produced by our reporters and editors. We trust you agree that independent journalism is an essential component of our democracy. Please click here to subscribe.
Need to set up your free e-Newspaper all-access account? click here.
Non-subscribers
Click here to see your options for becoming a subscriber.
Register to comment
Click here create a free account for posting comments.
Note that free accounts do not include access to premium content on this site.
I am anchor
sale
Surprise industrial building sells for $36.2M
Cushman and Wakefield
An industrial building in Surprise was sold to a real estate investment firm for more than $36 million.
Posted
Independent Newsmedia
A industrial building in Surprise was sold for $36.28 million, Cushman and Wakefield announced.
The 168,000-square-foot building was bought by Cohen Asset Management, Inc. — a real estate investment firm based in southern California, according to a press release.
The building is located at 11301 N. Litchfield Road.
“Desert Cove Industrial Center is a fully leased, income-generating asset positioned in the heart of Phoenix’s West Valley—one of the most sought-after industrial markets in the nation,” said Molly Hunt of Cushman and Wakefield. “Its location near TSMC (Arizona) and access to a deep, skilled labor pool, combined with strong rent growth and long-term market fundamentals, made this a highly desirable asset for the buyer.”
