January 16, 2018 — Chandler, Ariz: Commercial Properties, Inc./CORFAC International. (CPI), Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of Hamilton Business Park. The property consists of two industrial buildings with a shared fenced and secured yard positioned on .95 acres located at 503 & 505 East Boston Circle in Chandler, Arizona.
The buildings together equal approximately ±10,161 square feet, located in Elliot Commerce Park. Leroy Breinholt, David Bean and Cory Sposi of CPI’s Industrial Team represented the owner, Eric J & Susan Cassinat.
Breinholt commented, “This was simply two industrial buildings with a yard between them. The property was cleaned up and suited itself to any Industrial user that needed a yard, which was very hard to find. The property was only on the market for a couple of months, and sold to an owner/user.”
NAI Horizon represented the 1031 buyer, Pacific Desert LLC.
Pacific Desert, LLC purchased the property for $1.129 million ($111 psf).