Commercial Properties, Inc./CORFAC International (CPI), Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of an industrial project in the Southeast Valley in Mesa, Arizona. The 111,415 SF project is situated on 10.6-acres strategically located in Mesa’s desirable Southeast Valley at Gateway at 8607 E Pecos Road. Constructed in 2022, the property is conveniently situated off Ellsworth and Pecos Road with easy 5-minute drive-times to Loop 202 SanTan Freeway and Freeway 24 on-ramps.
The Leroy Breinholt Team at Commercial Properties Incorporated represented both the seller, Pecos 10 LLC (Cavan Commercial), and the buyer, 8607 E Pecos Rd LLC (Davis Family Trust). Listing Agent, David Bean commented, “The project offers tenants private fenced yards, evaporatively cooled warehouses, ample heavy power per bay, two 12’ x 14’ grade level doors, and modern construction with high-end finishes just minutes away from Phoenix-Mesa Gateway Airport.”
The project sold for $34,500,000/$310.00 PSF. The Leroy Breinholt Team has retained the property management and is leasing spaces in the freestanding buildings ranging from ±5,295 to ±15,557 square feet.
Established in 1981, Commercial Properties Inc. (CPI) is a full-service brokerage and property management firm for all product types of commercial real estate. Headquartered in Tempe, the company has more than 65 brokers and is operating throughout the Phoenix metropolitan area. Currently, CPI’s listings include over 21.6 million square feet for sale/lease with more than 215 projects and associations under management, totaling over 14 million square feet.
