"The low price per foot made this a good buy," Rick Danis of Grubb & Ellis/BRE Commercial tells GlobeSt.com. Danis, Paul Boyle and Andy Cloud of Grubb & Ellis/BRE Commercial negotiated the purchase deal on behalf of both parties.
The exclusive off-market deal closed escrow in little less than a month to Harrison Properties LLC, based here. Peoria, AZ-based Foree Properties LLC had the buildings fully leased when it sold the site. Central Tire Co. of Phoenix is the predominant tenant, according to Danis. No improvements were planned at closing.
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