(Read more on the industrial market.)
AVONDALE, AZ-Irgens Development Partners LLC will develop up to152,460 sf of flex and industrial product on a just-bought 10acres. The Milwaukee-based developer has spent $3.4 million for thedevelopment site.
Steve McKendry, executive vice president and principal forPhoenix-based DAUM Commercial, says Irgens Development Partnersended up with the land near Eliseo Felix Jr. Way and East Van BurenStreet because it offered the highest price and the ability toclose. "Irgens is becoming a pretty well-known developer in thePhoenix area and we were able to show the sellers they were aproven entity," he adds.
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