Transactions - FEBRUARY 21, 2020

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

Walton Street Capital JV buys Phoenix-area industrial building

by Released

A partnership between an affiliate of Walton Street Capital and Greenlaw Partners has acquired a 164,486-square-foot, state-of-the-art manufacturing and distribution facility at 2550 N. Nevada St. in the Phoenix-area suburb of Chandler, Ariz. A sales price was not disclosed.

The seller was Globe Corp., which acquired the property in June 2012.

Globe Corp. had been leasing it to IO Data/Baselayer but terminated the lease prior to closing.

 Situated on 16.5 acres, 2550 N. Nevada St. is in Chandler, a community 22 miles southeast of downtown Phoenix. The property has access to Interstate 60 and the Loop 101 and 202 Freeway, allowing tenants to reach more than 500,000 residents within a 15-minute drive. Completed in 2005, the two-story, climate-controlled building features a 30-foot clear height, nearly 25,000

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.