TEMPE, AZ—The final property to be sold from the PS Business Parks portfolio brings the total portfolio sale price to approximately $54.5 million. Singh Organic Soils purchased the final 23,952-square-foot building, McKellips Business Park, located at 1733 E. McKellips Rd. as an investment. The multi-tenant facility was constructed in 1980 and is 100% leased, with approximately 45% office space and 55% industrial use. The building has solar-tinted windows and grade-level loading. The location has easy access to Loop 101 and 202 freeways, in addition to Sky Harbor International Airport.

Senior managing directors Bob Buckley, Tracy Cartledge, Steve Lindley and associate, Ben Geelan, with Cushman & Wakefield negotiated the transaction.

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