Traded.co: Stos Partners Acquires Phoenix Industrial Complex At 2325 W. Cypress St. For $4.4M
The Phoenix industrial complex located at 2325 W. Cypress St. has been acquired by Stos Partners for $4.4 million. The property spans 35,007 square feet and was purchased for a price per square foot of $126.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $4,400,000
- Address: 2325 West Cypress Street
- Market: Phoenix, AZ
- Acres: 1.4
- Buyer: Stos Partners
- Buyer’s Rep: Sam Jones – Colliers International
- Seller’s Rep: James Cohn & Stirling Pascal – Stream Realty Partners
- SF: 35,007
- PPSF: $126
Stos Partners, in collaboration with their representative Sam Jones from Colliers International, successfully closed the deal to acquire the industrial complex at 2325 W. Cypress St. Their purchase, totaling $4.4 million, signals their intention to promptly implement a capital improvement plan for this property.
Article source: traded.co