PHOENIX—Cassidy Turley announces that a Calgary-based investment group, McKemy Holdings, has sold an 81,200-square-foot industrial property at 9235 S. McKemy St. in Tempe for $7.5 million. The buyer was Scottsdale-based private investment company, Development Services of America. Senior managing directors Bob Buckley, Tracy Cartledge and Steve Lindley with Cassidy Turley's capital markets group, brokered the transaction on behalf of seller and buyer.Built in 1999, the single tenant industrial building is fully occupied by MTD Southwest, Inc. an international design, manufacturing and sales company of outdoor power lawn and garden equipment.
-TUCSON—Colliers International in Greater Phoenix completed the sale of Villas at Roger Road, a 232-unit Class B apartment building in Tucson, for $5.68 million, or $24,504 per unit.Equilibrium Villas, LLC, of Washington, D.C., purchased the complex, located at 3985 N. Stone Ave., from Blue Valley Apartments, Inc. of West Palm Beach. Bill Hahn, Jeffrey Sherman and Trevor Koskovich, senior vice presidents of Colliers HSK Multifamily, served as the brokers for the buyer and the seller. The unit mix includes 88 one-bedroom and 144 two-bedroom/one-bathroom apartments, ranging from 500 square feet to 750 square feet. The building was constructed in 1984.
-PHOENIX—Colliers International in Greater Phoenix announces the $2.9 million sale of a 21,008-square-foot office/warehouse/flex building at 7327 E. Tierra Buena Lane in Scottsdale. The property was built in 1996. Henry Mohrschladt of Newport Beach purchased the property from TR & RT Properties, Inc. of Scottsdale. Jim Keeley, founding partner of Colliers International's Scottsdale office and a senior executive vice president, represented the seller. Darren Tappen of Voit Commercial Services represented the buyer.
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