PHOENIX – Cassidy Turley, a leading commercial real estate provider in the U.S., announced today they completed a land lease for 37.2-acres at 22423 North Ralston Rd. in Maricopa. Arc Steel Investments, LLC, a steel fabrication company, is relocating from Phoenix to the Maricopa location. Cassidy Turley’s Pete Klees, Will French and Brian Rosella represented the landlord, Heartland Financial USA, Inc. during the lease transaction.
Located in Pinal County, the bank-owned/REO property is part of an improved/platted industrial park and includes two buildings totaling ±6,000 square feet. It was a former wall and truss plant. The property is adjacent to Highway 238 and the Union Pacific rail, which runs parallel to the highway.
Cassidy Turley is continuing to market the 37.2-acre property for sale, with the value add of the tenant, for Heartland Financial USA. For more information contact Klees, French or Rosella at 602.954.9000.
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.