REBusinessOnline

CBRE NEGOTIATES INDUSTRIAL BUILDING SALE-LEASEBACK TRANSACTION

TEMPE, ARIZ. — Bill Bayless, Andrew Brigham and Don Mitchell of CB Richard Ellis (CBRE) represented San Diego-based Wax Properties Ltd. in the sale-leaseback of a 47,000-square-foot industrial building in Tempe. Redondo Beach, Calif.-based Santa Ana #164 acquired the property, which is located at 2810 S. Roosevelt St., for $4.65 million. The seller has signed a 16-month lease for Waxie Sanitary Supply, which is the property’s sole tenant. Tom Louer of Lee & Associates represented the buyer. Exact financial terms of the lease transaction were not disclosed.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

Subscribe to the newsletter
Conferences


Webinars on Demand


Read the Digital Editions

Northeast Multifamily & Affordable Housing Business

Midwest Multifamily & Affordable Housing Business

Western Multifamily & Affordable Housing Business

Texas Multifamily & Affordable Housing Business

Southeast Multifamily & Affordable Housing Business

Heartland Real Estate Business

Northeast Real Estate Business

Southeast Real Estate Business

Texas Real Estate Business

Western Real Estate Business

Shopping Center Business

California Centers

Student Housing Business

Seniors Housing Business

Featured Properties