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Investors Buy Closed Revlon Site, Abutting Land

PHOENIX-A group of Scottsdale investors now hold the title to an 880,000-sf distribution center, once housing Revlon, and adjacent acreage with the potential for 350,000 sf of development. The properties are located in the West Valley.

By D.J. Burrough | Updated on May 11, 2001

PHOENIX-A group of local investors has purchased an 880,000-sf warehouse in the West Valley that had been vacated late last year by Revlon Consumer Products Corp.

Scottsdale investors Jerry Tokoph, Jr., president of Dimension Financial & Realty Investments Inc., and Steve and Carolyn Teale, who head up the Teale Revocable Trust, have closed on Revlon’s former western distribution facility. The warehouse is located at 4301 W. Buckeye Road in the West Valley.

Revlon shuttered the warehouse when sales fell. The company had been one of the state’s largest employers with more than 1,400 workers.

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