Wadsworth Development Group buys in Deer Valley

Photo via Wadsworth Development

By AZRE | AZ Big Media

DAUM Commercial Real Estate Services has completed the sale of a 10-acre land parcel located at the Southwest corner of 15th Avenue and Pinnacle Peak Road in the Deer Valley submarket of Phoenix, Arizona, for $6.4 million. Robert Lundstedt, First Vice President at DAUM Commercial, represented the seller and procured the buyer, Wadsworth Development Group, in the transaction.

At the site, Wadsworth is developing a speculative 136,000 square-foot industrial business park consisting of three buildings, which is being exclusively marketed by Lundstedt, DAUM Executive Vice President Skip Corley, Jr. and DAUM Associate Chase Heinemann.

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