Cohen Asset Management pays $8.7M ($178psf) for net-leased 49k sf Industrial Building in Gilbert, AZ

12/20/2024

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RENTV

• Subcategory: Industrial: Manufacturing

• Tag: Sale

• Additional Filters-Tags: Sale: Investment, Sale: Net Lease, Sale: Single Property

• Company: Cushman & Wakefield (NYSE: CWK)

An affiliate of Cohen Asset Management paid $8.7 mil for a freestanding, 48.8k sf ($178/sf) industrial manufacturing building in Gilbert, AZ. Located at 779 North Colorado St in Phoenix’s Southeast Valley, the single-tenant building is 100% leased to a leading LED lighting company.