Stos Partners Acquires Two Industrial Buildings in Phoenix Totaling 94,836 SF for $13.5M ($143.05psf)

  • 9/19/2024

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REBusinessOnline
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Stos Partners has purchased 236 and 240 North 48th Avenue in Phoenix from an owner-user for an undisclosed price. Situated on 5.3 acres, the property includes two freestanding industrial buildings totaling 94,836 square feet. Constructed in 1978, the 83,200-square-foot warehouse at 240 N. 48th Ave. features 3,450 square feet of office space, 24-foot clear heights, 19 dock-high doors, two grade-level loading doors, 7,000 amps, 45 parking spaces and direct access to Union Pacific Railroad with 10 rail spots.

STOS Partners
Jason Richards, CCIM | Partner, Acquisitions/Dispositions

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