162
PHOENIX — A 170,625-square-foot industrial warehouse facility in Phoenix has sold to 67th Phoenix Industrial LP for $7.16 million. The facility was built in 2002 and is fully leased. Steve Farrell and Allen Lowe of Lee & Associates represented the buyer. The seller, the Richard A. Black and Family Trust, was represented by CBRE’s Barry Gabel and Mindy Korth.