New York buyer scoops up Valley industrial buildings for $16.6M

Posted at 8:03 AM, Feb 19, 2020
and last updated 2020-02-19 10:03:57-05

Phoenix-based commercial real estate firm ViaWest Group has sold two industrial assets for $16.6 million to a New York-based investment firm.

Broadway Industrial Center and 45th Avenue Industrial Park, which include three buildings, were purchased by KKR.

Will Strong of Cushman & Wakefield and Matt McDougall and Ken McQueen of Lee & Associates brokered the sale.

The two buildings are at 2950 E. Broadway Road and 77 N. 45th Ave.

Read more from the Phoenix Business Journal.