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MESA, AZ-Denver-based Industrial Income Trust has purchased Broadway 101 Commerce Park, an 808,419-square-foot institutional-quality industrial development. The buyer paid $77 million to seller Lincoln Property Co. in the all-cash transaction.

The seller was represented by the Cassidy Turley team of executive vice presidents Bob Buckley, Steve Lindley and Tracy Cartledge; executive managing director Tom Powers; executive vice presidents Mike Haenel and Andy Markham; and vice president Marc Tuite. Powers works in the Cincinnati office of Cassidy Turley, while the other six brokers are in the Phoenix office.

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