Newport Beach-based Turner Real Estate Investments has sold an 83,385 square foot multi-tenant industrial park in Tempe, AZ. The park featured grade level and truckwell loading, excellent freeway access and is located in the Sky Harbor Airport area. The developer partnered with Bob Buckley of Cushman & Wakefield.
Sales have been swift following the rehabilitation of Turner Crossing, Anaheim, an eight building Business Park in Anaheim that totals approximately 176,500 square feet. The property is near the intersection of the Orange and Riverside (91) freeways and along the Placentia-Anaheim city line.
6 of 8 individual buildings at the property have been sold thus far with the remaining 2 coming to market within the next 8 months. The developer partnered with Rob Socci, Mitch Zoehner and Seth Davenport, all of VOIT.
Turner Real Estate Investments has recently completed an 8 building industrial development totaling 102,739 square feet in Deer Valley, Arizona. The industrial park, as part of a three phase mixed-use commercial development, is a fully improved A-1 City of Phoenix zoned development with easy access to the I-17, Loop 101 and 51 freeways. 8 buildings range in size from 11,000 SF to 20,000 SF, 2 are cold and the remaining are currently marketed for sale.
Turner Real Estate Investments unveiled the rehabilitation of Turner Crossing, Anaheim, a seven-building Business Park in Anaheim that totals about 176,500 square feet. The property is near the intersection of the Orange and Riverside (91) freeways and along the Placentia-Anaheim city line.
Individual buildings at the property have been converted into for-sale units, and activity has been brisk, with 2 of the 7 currently in escrow.
What: Scottsdale Airpark II, a 48,000-square-foot industrial building at Greenway-Hayden Loop and 80th Street in Scottsdale
Developers are betting on Chandler and Gilbert for office space and the Southwest Valley for warehouses, according to a new second-quarter analysis of the Phoenix market.
Turner Real Estate Investments picked up a prime location in Rancho Cucamonga, CA in May, 2013. A high identity site with 4th Street frontage, the location is in close proximity to Ontario International Airport and the Ports of Los Angeles. Currently in development, the site plan calls for construction of Turner Crossing, Rancho, a 100,000 SF newly constructed industrial building, including 7,000 SF of office space, 18 dock high loading doors, fenced and secured yard and 78 car parking. Demolition of the site is underway.
Turner Real Estate Investments (TREI) would like to thank Nicholas Chang and Richard Lee of NAI Capital and Chris Rim of Rim & Associates for the successful closing of a purchase transaction for a 70,000 square-foot industrial park consisting of seven industrial buildings in Santa Fe Springs, California.
The expert team at TREI will complete a renovation of the park creating condos for purchase. The collaborative team who brokered the transaction also will represent the project for lease.
Thank you for a job well done, Nicholas Chang, Richard Lee, and Chris Rim, from the team at Turner Real Estate Investments.
Newport Beach-based Turner Real Estate Investments has picked up a multi building industrial park in Tempe, AZ. The park features grade level and truckwell loading, excellent freeway access and is located 10 minutes from Sky Harbor Airport.