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Nearon financed its purchase with a $19.35 million acquisition loan that was arranged by CBRE.
AZ Big Media Nearon Enterprises LLC has paid $35 million, or $83.81/sf, for the 91st Avenue Distribution Center, a 417,600-square-foot industrial property in Tolleson, Ariz. The Walnut Creek, Calif., developer purchased the property from CT Realty and Artemis Real Estate ...
Phoenix Business Journal Merit Partners Inc. has broken ground on a 750,000-square-foot industrial property in Tolleson, Ariz. The Phoenix developer expects to complete it by October. The property is being built as part of the Tolleson Corporate Park, at the ...
San Diego Business Journal Stos Partners has paid $16.4 million, or $72.25/sf for the 227,000-square-foot industrial building at 10300 West Buckeye Road in Tolleson, Ariz., which is 13 miles west of downtown Phoenix. The Encinitas, Calif., investor bought the property ...
REBusiness Online Cohen Asset Management has completed the sale of two industrial buildings totaling 292,185 square feet in Tolleson, Ariz., and Tempe, Ariz., for $45.3 million. KKR & Co. acquired the 249,904-sf building at 8313 West Latham St. in Tolleson, ...
Rentv.com Fundamental Income has bought a 190,000-square-foot industrial building at 600 South 94th Ave. in Tolleson, Ariz., for $50 million, or $263.16/sf. The Phoenix real estate investment company purchased the property from Carvana, the online car seller, which also is ...
Crossroads at Tolleson shopping center is 96 percent leased.
75 percent occupied. Bankers Trust Co. provided an $8.2 million loan for the purchase.
A 219,225-sf building at 8591 West Washington St. is 40 percent leased, while a 184,096-sf property at 8601 West Washington St. is 74 percent occupied.
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