Micron Holdings, which operates under the business name of Connect Air, purchased the 4841 S. 36th St. building, located in the Sky Harbor submarket, from International Capital Partners, a Phoenix-based partnership with several office and industrial holdings.Andy Markham, with Grubb & Ellis/BRE Commercial, tells GlobeSt.com that the property was ideally suited for the electronics distributor and manufacturer.

"They wanted their own building and this was perfect for them," Markham says. "It's a nice looking, split block building--a good owner-user building in the Sky Harbor submarket. The office-to-warehouse ratio was perfect for what Connect Air was looking for."

The firm presently is in the process of moving from a multi-tenant building at 48th Street and Broadway in Phoenix, says Markham, who along with Marc Tuite and Mike Haenel, also with Grubb & Ellis/BRE Commercial, negotiated the acquisition on behalf of the buyer. The seller was self-represented in the transaction.