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27

110 KSF Industrial Asset Trades in Phoenix

By Tony Seruga

SPIRE Real Estate Portfolios, through Nicola Crosby Real Estate, purchased Cabot Business Center in Phoenix. The buyer retained Kidder Mathews as property manager of the industrial/flex asset.

An affiliate of Dunbar Real Estate Investment Management sold Cabot Business Center in Phoenix. Nicola Crosby Real Estate purchased the 109,805-square-foot industrial/flex property for $11.4 million. The company acquires and manages properties on behalf of SPIRE Real Estate Portfolios. This transaction marks SPIRE US LP’s first Phoenix acquisition.

Located at 3802-3922 E. University Drive, Cabot Business Center offers convenient access to Hohokam Expressway and interstates 10 and 17…

110 KSF Industrial Asset Trades in Phoenix

Categories : Commercial Real Estate

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