PHOENIX—Cassidy Turley announces that aCalgary-based investment group, McKemy Holdings,has sold an 81,200-square-foot industrial property at 9235 S.McKemy St. in Tempe for $7.5 million. The buyer wasScottsdale-based private investment company, DevelopmentServices of America. Senior managing directors BobBuckley, Tracy Cartledge andSteve Lindley with Cassidy Turley's capitalmarkets group, brokered the transaction on behalf of seller andbuyer.Built in 1999, the single tenant industrial building is fullyoccupied by MTD Southwest, Inc. an international design,manufacturing and sales company of outdoor power lawn and gardenequipment.

-TUCSONColliersInternational in Greater Phoenix completed the sale ofVillas at Roger Road, a 232-unit Class B apartment building inTucson, for $5.68 million, or $24,504 per unit.EquilibriumVillas, LLC, of Washington, D.C., purchased the complex,located at 3985 N. Stone Ave., from Blue Valley Apartments,Inc. of West Palm Beach. Bill Hahn,Jeffrey Sherman and TrevorKoskovich, senior vice presidents of Colliers HSKMultifamily, served as the brokers for the buyer and the seller.The unit mix includes 88 one-bedroom and 144two-bedroom/one-bathroom apartments, ranging from 500 square feetto 750 square feet. The building was constructed in 1984.

-PHOENIX—Colliers International in Greater Phoenix announces the$2.9 million sale of a 21,008-square-foot office/warehouse/flexbuilding at 7327 E. Tierra Buena Lane in Scottsdale. The propertywas built in 1996. Henry Mohrschladt of NewportBeach purchased the property from TR & RT Properties,Inc. of Scottsdale. Jim Keeley, foundingpartner of Colliers International's Scottsdale office and a seniorexecutive vice president, represented the seller. DarrenTappen of Voit Commercial Servicesrepresented the buyer.

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