California Investor Purchases Single-Tenant Industrial Property in Phoenix

 Cushman & Wakefield announced today the $5 million sale of an industrial property located at 1620 West Knudsen Drive in Phoenix. A California-based 1031-Exchange investor purchased the 41,073-square-foot building from P&P Stewart Investments, LLC of Flagstaff, Arizona. Cushman & Wakefield’s Executive Directors Rick Danis and Paul Boyle represented the seller. Brian Gleason of Phoenix West…