Falling Vacancies, Positive Rental Outlook Spur $26.25 Million Phoenix Industrial Sale

Dec. 10, 2013 – Phoenix industrial absorption rates may have hiccupped mid year, but investors are not deterred, as illustrated by the sale of 7200 West Buckeye Road in Southwest Phoenix. Jones Lang LaSalle’s Capital Markets experts facilitated the sale on behalf of the owner this week. 7200 West Buckeye Road Industrial Investors, LLC purchased the 400,000-square-foot…