TEMPE, AZ – Investcorp has acquired a five-building, multi-tenant, light industrial park in Tempe, AZ from BKM Capital Partners for $85.4 million.
The 536,051-square-foot asset, Tempe Commerce Park, encompasses five properties located at 7340, 7350 and 7360 S. Kyrene Rd. and 7343 and 7333 S. Hardy Dr. in Tempe. The properties are situated on 37.7 acres of land.
Tempe Commerce Park is currently 93% leased to eight tenants.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
