Cushman & Wakefield of Arizona Inc.'s Chris Toci tellsGlobeSt.com that the tenant is paying $19.05 per sf, gross. Thecomplex, located at 2288, 2290 and 2328 Guadalupe Rd., has beensold by CSM Corp. of Minneapolis.
Americus Real Estate Investment acquired the one-year-oldbuildings, situated on 8.9 acres, for its Fund IV. Toci says theacquisition is the buyer's first in Phoenix, but it's looking formore. "Their specialty is a portfolio of triple net leases and theybid aggressively on this project," he says.
Toci says the 30-day marketing yielded 10 offers, with twoending up on top. "Americus kind of rose to the top," he adds.
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