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Young’s Market Co. Purchases Distribution Asset in Phoenix for $20M

The building is located at 402 S. 54th Place. It was built in 1999 and renovated in 2003.

The building is located at 402 S. 54th Place. It was built in 1999 and renovated in 2003.

PHOENIX — Young’s Market Company has purchased a 248,900-square-foot refrigerated/cold storage industrial building in Phoenix for $20 million. The building is located at 402 S. 54th Place. It was built in 1999 and renovated in 2003. Andy Markham, Will Strong, Mike Haenel and Phil Haenel of Cushman & Wakefield represented the family-owned wines, spirits and select beverages distributor. The seller was Barley Equites V LLC.

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