PHOENIX—Colliers International in Greater Phoenix recently completed the sale of a 486,241-square-foot warehouse in Phoenix for $24.25 million. Exeter Property Group, headquartered in Philadelphia, bought the property, at 5555 W. Lower Buckeye Rd., from Prologis Inc., a San Francisco-based REIT.
Executive vice presidents Don MacWilliam and Payson MacWilliam with Colliers International represented the buyer and seller.
Exeter Property Group and Prologis are real estate investment organizations for which one shared area of specialization is the acquisition, development, leasing and management of industrial properties.
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