{"id":1004474446,"date":"2020-08-30T22:06:58","date_gmt":"2020-08-31T06:06:58","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004474446"},"modified":"2025-02-26T03:08:46","modified_gmt":"2025-02-26T11:08:46","slug":"jll-arranges-sale-loan-for-phoenix-industrial-asset","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/jll-arranges-sale-loan-for-phoenix-industrial-asset\/","title":{"rendered":"JLL Arranges Sale, Loan for Phoenix Industrial Asset"},"content":{"rendered":"
\"\"<\/a>

2130 S. Industrial Park Ave.<\/p><\/div>\n

JLL Capital Markets has brokered the $7.8 million sale of a 141,000-square-foot industrial property in Tempe, Ariz. Managing Director Brian Ackerman assisted the buyer, Arizona Custom Blends, and Director Carl Beardsley secured a fixed-rate, $11.8 million acquisition and development loan from a national bank. Triumph Manufacturing sold the asset, according to Yardi Matrix.<\/p>\n

Located on 8 acres at 2130 S. Industrial Park Ave., the property was completed in 1996. The warehouse has a 5 percent office component, six grade-level and five dock-high doors. The new owner will execute a capital improvement plan on the facility, which includes replacing the roof and the cooling system and renovating the office space. The site is 2 miles from Interstate 10 and roughly 4 miles from Phoenix Sky Harbor International Airport.<\/p>\n

Arizona Custom Blends was interested in this property because of its central location and access to major thoroughfares, according to JLL\u2019s Ackerman. The purchase and the planned upgrades will allow the firm to continue to expand its operations. The company blends, packages and encapsulates nutraceuticals in an NSF-certified cGMP powder manufacturing plant.<\/p>\n

Earlier this month, JLL completed the $46.2 million sale<\/a> of a two-property portfolio encompassing 223,249 square feet of office space in Scottsdale, Ariz. The company represented the seller, Equus Capital Partners.<\/p>\n

If you\u2019d like to be featured in Brokers\u2019 Corner, simply fill in <\/em>our short form<\/em><\/strong><\/a> or send your deal to <\/em>deals@cpe-mhn.com<\/em><\/strong><\/a>.<\/em><\/div>\n","protected":false},"excerpt":{"rendered":"

Brian Ackerman brokered the deal on behalf of the buyer, Arizona Custom Blends, while Carl Beardsley facilitated the acquisition financing.<\/p>\n","protected":false},"author":867,"featured_media":1004365520,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21825,21748,21783,21742,1601,15],"tags":[36351,32796],"class_list":["post-1004474446","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-finance","category-industrial","category-investment","category-latest","category-phoenix","category-west","tag-capital-improvement","tag-jll"],"acf":[],"yoast_head":"\nJLL Arranges Sale, Loan for Phoenix Industrial Asset - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/jll-arranges-sale-loan-for-phoenix-industrial-asset\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JLL Arranges Sale, Loan for Phoenix Industrial Asset\" \/>\n<meta property=\"og:description\" content=\"Brian Ackerman brokered the deal on behalf of the buyer, Arizona Custom Blends, while Carl Beardsley facilitated the acquisition financing.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/jll-arranges-sale-loan-for-phoenix-industrial-asset\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2020-08-31T06:06:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-26T11:08:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/11\/CPE-Brokers-Corner-827x400.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"827\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Pavel Cazacu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/jll-arranges-sale-loan-for-phoenix-industrial-asset\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/jll-arranges-sale-loan-for-phoenix-industrial-asset\/\",\"name\":\"JLL Arranges Sale, Loan for Phoenix Industrial Asset - 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