PHOENIX, ARIZONA (June 11, 2024) – NAI Horizon represented the buyer, a Mesa, Arizona-based construction company expanding to Southern Arizona and bringing hundreds of jobs, in the $1 million acquisition of an industrial building in Coolidge, Arizona.
NAI Horizon Executive Vice President Jeffrey Garza Walker, MRED, MBA, represented Superstition Frame and Drywall in acquiring 14,000 SF warehouse at 425 S. Main St., in Coolidge.
“The NAI Global Advisory Team is proud to bring yet another impactful project to communities that support growth and create purposeful partnerships,” Garza Walker said. “This is an expansion that’s bringing 200 new jobs to the community. We met with the (Coolidge) Mayor who lauded this as being very impactful to his community.”
The asset, built in 1988, features a 5,000 SF yard, a ceiling height of 16 feet, and one grade level door (20 feet by 20 feet). The single-tenant freestanding building sits on .42 acres.
The seller was Spillman Koplin , LLC of Tempe, Arizona.
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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