COMMERCIAL PROPERTIES INC., ANNOUNCES THE SALE OF A ±81,060-SF INDUSTRIAL WAREHOUSE IN PEORIA

Commercial Properties, Inc./CORFAC International. (CPI), Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of an industrial warehouse located at 10857 North 95th Avenue in Peoria, Arizona.

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The building is approximately 81,060 square feet, located just north of Peoria Avenue and visible from the Loop 101 Freeway. Chad Ackerley of CPI’s Industrial Team represented the buyer, Precision Fleet Services.

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Ackerley commented, “Precision Fleet Services (PFS) is an auto brokerage firm that operates out of larger warehouse buildings with no balloons and no oversized marketing budget.  Many of their transactions are completed on line or by appointment only. The former indoor RV storage warehouse was built in 2005 and offered  PFS 18′ to 26′ clear heights, and great freeway access.  This location will help them expand their no hassle business model into the West Valley. The facility will continue to operate as a indoor RV Storage lot during the tenant improvements, which are underway, to build out offices within the building.”

 

Tom Knaub of Colliers International represented the seller, Peoria Mini Storage II LLC.

Precision Fleet Services purchased the property for $3.9 million.

 

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