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EverWest buys Class A industrial facility in Chandler for $20M

Denver-headquartered EverWest Advisors, an institutional real estate investment firm, acquired a recently completed asset for $20 million. ....

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Cushman & Wakefield advises sale of new warehouse/distribution e-commerce facility in Downtown Denver, CO

Cushman & Wakefield advises sale of new warehouse/distribution e-commerce facility in Downtown Denver, CO
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SunCap Property Group Sells Arizona Industrial Asset

SunCap Property Group Sells Metro Phoenix Industrial Asset
The company developed the 135,745-square-foot property as the first building of its Gilbert Spectrum Business Park.
Jan132021
Image courtesy of Cushman & Wakefield
SunCap Property Group has sold a 135,745-square-foot light industrial building forming part of its 63-acre Gilbert Spectrum Business Park in Gilbert, Ariz. Boston-based GID Industrial paid $23.2 million for the Class A asset which was fully leased at the time of close. Cushman & Wakefield negotiated on behalf of the seller.
SunCap developed the facility on nearly 9 acres at 196 S. McQueen Road as the first building of the Spectrum industrial campus, financing the construction with a $9.7 million loan from Delaware Life Insurance Co., according to CommercialEdge. Completed in 2019, the one-story property features a 32-foot clear height and 40 dock doors. ....

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