Paul Miachika and Mark Crismon, both of DAUM Commercial Real Estate Services in Phoenix, brokered the sale on behalf of Air Specialty Products, an air conditioning supplier that is plotting a relocation from Tempe. Fred and Carolyn Berg of Mesa are the sellers.
The metro Phoenix industrial market in 2001 fell short of its historical demand for space and new construction, according to a recent report from Grubb & Ellis Co.'s Phoenix office. Air Specialty, with its building plan, is bucking a downward trend that is forecast to continue this year.
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