PHOENIX, ARIZ. (March 31, 2022) – Managing Director Mark Wilcke, a top producer with NAI Horizon specializing in industrial/commercial buildings and land sales and leasing, represented the seller in the sale of 12.89 acres of commercial land located just south of the SWC of 181st Street and Warner Road in Gilbert, Arizona.
The sale fetched a price of $3.1 million. Wilcke represented the seller, Phoenix Warner, LLC, of San Diego, California.
“The buyer intends on building an industrial project,” Wilcke said. “This site has excellent accessibility to the Loop 202 freeway. The industrial land market is extremely competitive due to all of the land being purchased for new industrial developments.”
Wilcke has been extremely active selling land in the Metro Phoenix and Casa Grande markets over the past year, the latter market becoming an active manufacturing hub in Arizona.
The buyer, USCIF Hopewell Gateway 202 Phase II Owner LLC, a Delaware limited liability company, was represented by Mike Parker of CBRE.
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 located in Phoenix and Tucson. NAI Horizon is passionate about the commercial real estate business, 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 300 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 300 offices in 43 countries strategically located throughout North America, Latin America and the Caribbean, Europe, Africa and Asia Pacific, with 5,100 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 and a gross revenue of $1.5 billion.
NAI Global professionals achieve extraordinary results for clients locally and globally through creativity, collaboration and the consistent delivery of exceptional knowledge and service that only market-leading firms can provide. NAI Global provides a full range of corporate 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.