Phoenix, Arizona – Cushman & Wakefield announced that Phoenix-based Arizona Fireplaces purchased 3422 E. Roeser Road in Phoenix for $2.28 million from Morton Perry Real Estate LLC. Arizona Fireplaces plans to renovate and occupy the property the second quarter of 2020.
Phil Haenel of Cushman & Wakefield Phoenix represented the buyer in the transaction. Josh Wyss of Cushman & Wakefield represented the seller.
“It was a pleasure working with Don and the Arizona Fireplace team to help expand their footprint in the heart of the Phoenix Sky Harbor Airport submarket,” stated Haenel.
Located in the Airport submarket, the 21,700-square-foot property has a half-mile of street frontage and is minutes for Phoenix Sky Harbor Airport and the I-10 full-diamond interchange. The contemporary office/industrial warehouse, built in 2005, is a build-to-suit property featuring 20’ clear height, seven grade level roll-up doors, low energy evaporative coolers, optional truckwell and fully sprinklered.
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Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.