CORFAC News

10 Jan2017

Commercial Properties Inc./CORFAC International Announces the Sale of a Nearly 15,000-SF Industrial Building

Gilbert, AZ - Commercial Properties, Inc./CORFAC International, Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of an industrial investment building located at 61 South William Dillard Drive in Gilbert, AZ.

The building is approximately ±14,910 square feet, located in Elliot Commerce Park. Jeff Hays of CPI’s Industrial Team represented the owner, Sagamore Properties, LLC.  

"This property was built in 2006 as a build to suit for STARA Technologies and was later leased to Dish Network," Hays said.

Daum represented the buyer, Dishland LLC. Dishland LLC purchased the property for $1.85 million ($124 psf).

Jeff Hays may be contacted for additional information at jhays@cpiaz.com and (480) 889.2550.

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 more than 50 brokers and occupies two offices locally. Currently, CPI's listings include over 20 million square feet for sale/lease, and 180 projects under property management, totaling over 6.2 million square feet. Please visit our web site at www.cpiaz.com.

 

 

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Locally Owned. Globally Connected

CORFAC International is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail brokerage, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. Founded in 1989, CORFAC has 49 offices in the U.S., 5 in Canada and 17 in international markets, including Australia, Colombia, France, Germany, Ireland, Israel, Italy, Japan, Mexico, Netherlands, Romania, Russia, South Korea, Switzerland and the United Kingdom. CORFAC offices completed more than 10,000 lease and sales transactions totaling 620 million square feet of space valued in excess of $8.2 billion in 2018.