PHOENIX—Cassidy Turley announces thatDCT Industrial Trust has acquired a three-propertywarehouse portfolio from a Chicago-based global investment managerfor $26.44 million.

Located in Tempe, the 355,371-square-foot portfolio includes:Roosevelt Center, 2405 and 2415 S. Roosevelt St.; Parkland Center,7245 and 7307 S. Harl Ave.; and Wilson Center, 2636 S. Wilson St.for $26.44 million ($74.42 per square foot).

Senior managing directors Bob Buckley,Tracy Cartledge and Steve Lindleywith Cassidy Turley's capital markets group brokered thetransaction on behalf of the buyer and the seller.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.