X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

An infill last-mile logistics company in Tempe has traded hands for $16.2 million or $127 per square foot. MRM Tempe sold the property to an unnamed partnership located outside of the state.

Located at 8210 S. Hardy Dr., the 128,000-square-foot building was constructed in the late 1990s as a built-to-suit project. It has remained 100% occupied by the same company since delivery, an express transit company.

Kelsi Maree Borland

Kelsi Maree Borland is a freelance writer and editor living in Los Angeles whose work has appeared in such publications as Travel + Leisure, Angeleno and Los Angeles Magazine.

More from this author

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.