Harrison Properties Inc., a Phoenix-based developer and investor in commercial real estate, has purchased two industrial buildings totaling 200,220 sf for $4.15 million. The two buildings are at 5355 and 5365 N. 51st Ave. in Glendale, a suburb of Phoenix, and are astride one another. One building is 102,674 sf and the other is 97,546 sf. Both buildings were 90% occupied at the time of the sale.
Honolulu-based Robert Cosco Trust was the seller of the buildings.
The two buildings are less than a quarter mile from the Burlington Northern Santa Fe Railroad line and Grand Avenue and about three miles from Interstate 17.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
