Daum Commercial Real Estate Services has negotiated the $1.08 million sale of a 14,000-square-foot, single-tenant industrial building located at 1203 W. Geneva Drive in Tempe.
Carl Johnson with Daum Phoenix represented the seller, Four Js Investment Group of Burbank, Calif.
The buyer, Second Letter Holdings LLC of Scottsdale was represented by Tom Tornabene of Tornabene & Associates, also of Scottsdale. The buyer leased the facility one year ago with the option to purchase the building.
Daum Commercial Real Estate Services specializes in industrial and office properties throughout metro Phoenix. Daum Phoenix has successfully sold and leased millions of square feet in industrial and office buildings, and land.
Headquartered in Los
Angeles, Daum is California’s oldest and most experienced commercial real estate brokerage company. Daum is an affiliate of ONCOR International, a premier global commercial real estate referral network comprised of more than 50 independent commercial real estate partner brokerages in 32 countries.