17,200-SQUARE-FOOT INDUSTRIAL BUILDING SELLS FOR $1.45 MILLION

TEMPE, ARIZ. — Jeff Lion, a California investor, has purchased a 17,200-square-foot general industrial building in Tempe for $1.45 million. Located at 1104 W. Geneva, the property, which was built in 1980, was vacant at the time of acquisition. The buyer plans to market the property for lease. John Creedon of Corridor Commercial represented the buyer; Pete Klees of Grubb & Ellis|BRE Commercial LLC represented the seller, BRS-San Diego Commerce Center LLC, in the transaction.