REBusinessOnline

PRINCIPAL FINANCE GROUP ACQUIRES TWO INDUSTRIAL FACILITIES FOR $41 MILLION

PHOENIX — Des Moines, Iowa-based Principal Finance Group has acquired two industrial facilities in Phoenix for $41 million. The company purchased a 309,485-square-foot distribution warehouse located at 6923 Buckeye Rd. for $18.2 million and a 380,740-square-foot distribution building located at 6825 Buckeye Rd. for $22.9 million. The Alter Group sold the properties, which are located within its 162-acre Buckeye Logistics Center. Pat Harlan and Steve Sayre of Cushman & Wakefield represented the seller in the transaction.

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