PHOENIX, ARIZ. (Nov. 14, 2024) – NAI Horizon represented the seller in the $11 million disposition of an industrial building that the City of Peoria will utilize as a training facility for its police officers and a storage facility for its tactical vehicles.
NAI Horizon Executive Managing Director Jeffrey Garza Walker, MRED, MBA, represented Glez C Properties, LLC, an Arizona limited liability company, in the sale of a Class B industrial warehouse at 10857 N. 95th Ave., in Peoria, Arizona. The buyer was the City of Peoria, an Arizona municipal corporation.
Garza Walker previously represented the seller, then the buyer, in a deal for the 81,060 SF warehouse and manufacturing building that was built in 2005. The asset enjoys a prime location with strong curb appeal and exceptional freeway access.
“It’s been exciting to facilitate a valuable asset that the City of Peoria can utilize for law enforcement while allowing the seller to reinvest earnings into another income-producing property,” Garza Walker said.
About NAI Horizon
Exceptional global commercial real estate solutions begin with local market leadership and expertise. Established in 1992, NAI Horizon is a full-service commercial real estate company serving Arizona with offices in Phoenix and Tucson. NAI Horizon is passionate about commercial real estate, providing Brokerage and Property Management Services for local, national, and international clients. NAI Horizon is a member of the NAI Global commercial real estate network providing real estate solutions to more than 325 offices worldwide. For more information, visit www.naihorizon.com.
About NAI Global
Advisory Services, Leasing, Property Management, Property & Note Sales, and Tenant Representation
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 325 offices strategically located in 65 countries throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 5,800 local market professionals, managing in excess of 1.1 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.
NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services. To learn more, visit www.naiglobal.com.
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