Distribution Company Purchases Phoenix Industrial Property

DTZ, a global leader in commercial real estate services, announced today the $3.1 million sale of 3000 E. Chambers Street, a ±61,729 square foot single-tenant industrial building in Phoenix. MLCY Investment, LLC purchased the property and will occupy the space, which includes 26% office buildout and an evaporative-cooled warehouse with grade-level doors and a double-wide truckwell.

3000 Chambers_Boyle

DTZ’s Paul Boyle, Rick Danis and Pete Klees represented the seller, WE Valoroso Holding Corporation, a company formed by JP Morgan Chase Bank. DTZ’s Andy Cloud represented the buyer.

Built in 1987, the building was vacant at the time of sale. The former occupant, Fluoresco, still locates its headquarters in Tucson, Ariz.

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