Breakthru Beverage Facility in Phoenix Sells for $33.5M

PHOENIX — An affiliate of Cohen Asset Management has purchased a 452,271-square-foot industrial facility in Phoenix for $33.5 million. Breakthru Beverage Group occupies the entire property. The facility is located at 1115 S. 47th Ave. in West Phoenix. The beverage company recently signed a new 15-year lease at the space. Cohen Asset Management purchased the property in a double escrow transaction from Breakthru. Breakthru acquired the property through a 2011 purchase option agreement with then-owner Crexus AZ Holdings 1 LLC. Don and Payson MacWilliam of Colliers International executed the transaction.