November 21, 2024 12:02 pm
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Rose Law Group

DONE DEAL: Development site sold in Surprise

 Rendering via Cushman & Wakefield

By AZRE

Cushman & Wakefield has arranged the sale of a fully entitled ±11.65-acre industrial development site in Surprise (Phoenix), Arizona. Echo Real Estate Capital, Inc. acquired the land in Surprise located at 132nd Avenue and Peoria Avenue where it plans to build Echo Park @ P132, four new single-tenant industrial buildings totaling 182,610 square feet. Echo purchased the land for approximately $7.1 million in Phoenix’s expanding West Valley. The general contractor for the project is Premier Design + Build.

Cushman & Wakefield’s Will Strong, Phil Haenel, Kirk Kuller, Molly Hunt, and Katie Repine of the firm’s institutional and private capital groups represented the seller, Cohen Asset Management, in the sale of the land in Surprise.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.