PHOENIX, AZ – Cassidy Turley, a leading commercial real estate provider in the U.S., announced today they successfully sold Los Alamos Center, a ± 22,050-square-foot industrial auto complex property at 3015 East Main Street in Mesa. WLA Investments, Inc. (Newport Beach, CA) purchased the property for $1,235,000.00 ($56.01/psf) from Los Alamos Center, LLC (Mesa, AZ). Senior Managing Directors Paul Boyle and Rick Danis with Cassidy Turley’s Capital Markets Group negotiated the transaction for the buyer while Adam Hansen of Metropolitan Realty Advisors represented the seller.
Built in 1987, Los Alamos Center is a one (1) story multi-tenant industrial complex featuring three (3) buildings on 1.76 acres. The property is located near several corporate auto tenants including O’Reilly Auto Parts, Midas, Just Brakes, Napa Auto Parts and MAACO. WLA Investments, Inc. plans to hold the building as an investment property. The complex was 100 percent occupied at the time of sale.
About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with more than 3,800 professionals in more than 60 offices nationwide. With headquarters in Washington, DC, the company represents a wide range of clients—from small businesses to Fortune 500 companies, from local non-profits to major institutions. The firm completed transactions valued at $22 billion in 2012, manages approximately 400 million square feet on behalf of institutional, corporate and private clients and supports more than 23,000 domestic corporate services locations. Cassidy Turley serves owners, investors and tenants with a full spectrum of integrated commercial real estate services—including capital markets, tenant representation, corporate services, project leasing, property management, project and development services, and research and consulting. Cassidy Turley enhances its global service delivery outside North America through a partnership with GVA, giving clients access to commercial real estate professionals in 65 international markets. Please visit www.cassidyturley.com for more information about Cassidy Turley.