GLENDALE, ARIZ. — Kasten Long Commercial Group has arranged the sale of a warehouse asset, located at the northwest corner of 51st Avenue and Camelback Road in Glendale. CBRE Global Investors acquired the property for $17.5 million from an undisclosed seller.
Built in 1987, the property features 105,906 square feet of cold-storage space. Sprouts Farmers Market is a tenant at the property.
Walter Unger of Kasten Long Commercial brokered the deal.