REBusinessOnline

Westcore Expands Arizona Portfolio with Acquisition of 164,486 SF Industrial Facility

2550-N-Nevada-St-Chandler-AZ

A global e-commerce company occupies the 164,486-square-foot Class A warehouse distribution facility at 2550 N. Nevada St. in Chandler, Ariz.

CHANDLER, ARIZ. — Westcore has purchased an industrial warehouse situated on 16.5 acres at 2550 N. Nevada St. in Chandler. Greenlaw sold the property for $38 million.

At the time of acquisition, the 164,486-square-foot, Class A facility was fully leased to a global e-commerce company. The secured warehouse distribution building, which was extensively renovated, features 30-foot clear heights, extensive power, ESFR sprinklers, ample loading and newly designed and constructed office space.

Jeff Chiate, Will Strong and Mike Adey of Cushman & Wakefield, with support from Steve Larsen of JLL, represented the seller, while Westcore was self-represented in the deal.

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