San Diego-Based SENTRE Buys Phoenix Industrial Building for Nearly $49M

PHOENIX—A freestanding industrial asset totaling 322,070 square feet in Tolleson, AZ has changed hands. Located at 7980-7990 West Buckeye Rd., the single-tenant facility is fully leased on a long-term basis to a leading manufacturer of food service products.

The property was acquired for $48.83 million by SENTRE, a vertically integrated real estate investment firm headquartered in San Diego with extensive experience in office, industrial, retail and multi-family properties. The seller was Brennan Investment Group, a Chicago-based private real estate investment firm that acquires, develops, and operates industrial facilities throughout the United States. Cushman & Wakefield’s Private Capital Group in Phoenix consisting of Phil Haenel, Will Strong, Foster Bundy and Katie Repine represented the seller in the transaction.