Prologis Riverside Distribution Center in Phoenix sells for $13.2M

Prologis Riverside Distribution Center
Prologis Riverside Distribution Center

AZRE Magazine

Cassidy Turley announced the sale of Prologis Riverside Distribution Center, a ±250,796 SF industrial project at 2225 South 43rd Avenue in the southwest Phoenix submarket.

Pennsylvania-based Exeter Property Group purchased the property for $13.2M ($52.63/psf) from San Francisco-based Prologis. Cassidy Turley Executive Managing Directors Andy Markham and Mike Haenel and Vice President Will Strong negotiated the transaction on behalf of the buyer and seller.

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