Just Sold

The sale of 2818 E Illini St, an 18,000 square foot industrial building on 1.95 acres built in 1960 was recently recorded. The property is located in the South Airport submarket in Phoenix, AZ. The property sold to Quail Corp a construction company. The seller was Redeka Ventures, LLC. The sales price was $2,000,000 which equates to $111 per square foot. The seller was an owner/user and the buyer will be the same.

Patrick Sheehan and Max Schumacher of Rein & Grossoehme represented the seller. The Sheehan/Schumacher team specializes in the sale of industrial buildings in the Phoenix area.

Rein & Grossoehme specializes in the sale of investment properties and retail, office and industrial leasing.

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