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Cohen Asset Management Sells Phoenix Industrial Building for $16.1 Million

7822 S. 46th Street, Phoenix , AZ, 85044

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Cohen Asset Management Sells Phoenix Industrial Building for $16.1 Million
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Sold!
Cohen Asset Management Sells Phoenix Industrial Building for $16.1 Million
Parties: Conner Lee
Other Parties:
Comments: On behalf of Los Angeles-based Cohen Asset Management, Cushman & Wakefield and Lee & Associates completed the sale of an 188,142-square-foot industrial building located at 7822 S. 46th Street in Phoenix. Bailard of Foster City, Calif. purchased the property for $16.1 million. Will Strong of Cushman & Wakefield, along with Rick Lee and Conner Lee of Lee & Associates, represented both parties in the deal. The state-of-the-art industrial/flex building, situated on approximately 8.5 acres, is 100% leased to BAE Systems. Located in the highly desirable Phoenix Sky Harbor Airport submarket, this is one of the most recognizable assets in the area due to its long-term credit tenancy, high-profile location, quality high-tech interior improvements and proximity to major freeways.
Date: Sep 25, 2017
Transaction Amount: $16,100,000

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