Just Sold

A 58,000 square foot industrial building built in 1986 was recently recorded.  The location of the property is 444 West Geneva Dr., Tempe AZ.  The property sold to YERF-DOG Geneva 444, LLC, an Arizona Company.  The seller was West Geneva LLC.  The sales price was $6,100,000 which equates to $105.17 per square foot.  The building has A-1 zoning and has heavy power at 2,000 amps.  The Buyer plans to occupy the property March of 2021.

Steve Grossoehme of Rein & Grossoehme Commercial Real Estate LLC represented the Buyer.  Tom Jacobs of Cushman and Wakefield represented the Seller.

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

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