Cassidy Turley announced that DM Sorrento, a private investor, has acquired Scottsdale Airpark II, a 47,933 SF, two-building, industrial project located at 16000 N. 80th Street and 16001 N. Greenway-Hayden Loop, for $6.3 million ($131.43 per square foot). The seller was California-based Turner Real Estate Investments.
Senior Managing Directors Bob Buckley, Tracy Cartledge and Steve Lindley with Cassidy Turley’s Capital Markets Group and Senior Vice President Michael Kitlica with Cassidy Turley’s Office Group brokered the transaction on behalf of the buyer and the seller.