Micron Holdings, which operates under the business name ofConnect Air, purchased the 4841 S. 36th St. building, located inthe Sky Harbor submarket, from International Capital Partners, aPhoenix-based partnership with several office and industrialholdings.Andy Markham, with Grubb & Ellis/BRE Commercial, tellsGlobeSt.com that the property was ideally suited for theelectronics 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 goodowner-user building in the Sky Harbor submarket. Theoffice-to-warehouse ratio was perfect for what Connect Air waslooking for."

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