Andy Jaffe, SIOR, and Rex Griswold of CPI’s Tempe Office represented both the buyer and the seller in this transaction.
The reinforced concrete building was built in 2000, and is part of a 85,000 SF project. It is a single-tenant building formerly owned by the Lawrence & Laurie Rudner Family Trust. KDS Properties, LLC purchased the property, which is located just south of Loop 202, off McKellips Road, west of Higley Road. The building is conveniently located across from Falcon Field Municipal Airport.
The sale was valued at $812,500 ($80.50 per square foot). Contact Andy Jaffe, SIOR, or Rex Griswold for additional information at firstname.lastname@example.org, 480-214-1132, and email@example.com, 480-244-7222.