DAUM negotiates $2.6 million investment purchase in Deer Valley

Phoenix, Ariz. – DAUM Commercial Real Estate Services has negotiated the $2.6 million sale of a 33,871-square-foot industrial warehouse building located at 1705 W. Parkside Lane in Deer Valley.

Chris Rogers and Trevor McKendry of DAUM Commercial Real Estate Services represented the buyer, M & D Investments AZ, LLC. Jim Ryder of Capital Realty Advisors represented the seller, CCS Marketing, LLC of Tampa, Fla.

The buyer has plans to renovate the property and then offer it for lease or sale, when completed. Rogers and McKendry will also be representing M & D Investments AZ, LLC to lease or sell the property.

“We’re seeing this trend of rehabilitating second generation buildings throughout the Valley as users are relocating and expanding their operations. This building is fully air-conditioned and has 3,600 amps of power. When the renovations are complete, the building will be a state-of-the-facility,” said Rogers.

DAUM Commercial Real Estate Services provides a full array of services including brokerage, consulting, leasing, sales, corporate services and asset, construction, project and property management. Founded in 1904, DAUM is California’s longest standing and most experienced commercial real estate brokerage company. DAUM has 10 offices throughout Southern California and Arizona. More information is available at www.daumcommercial.com.

DAUM Commercial Real Estate Services is a member of ONCOR International, a premier global commercial real estate network. ONCOR International LLC, a subsidiary of Realogy Corporation, oversees the ONCOR International member network. More information is available at www.oncorintl.com.

 

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