{"id":1004500852,"date":"2020-12-21T11:32:09","date_gmt":"2020-12-21T19:32:09","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004500852"},"modified":"2020-12-21T11:32:09","modified_gmt":"2020-12-21T19:32:09","slug":"nuveen-sells-377-ksf-phoenix-distribution-facility","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/nuveen-sells-377-ksf-phoenix-distribution-facility\/","title":{"rendered":"Nuveen Sells 377 KSF Phoenix Distribution Facility"},"content":{"rendered":"<div id=\"attachment_1004500858\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/12\/4747-W.-Buckeye-Road-e1608549375438.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004500858\" data-attachment-id=\"1004500858\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/nuveen-sells-377-ksf-phoenix-distribution-facility\/4747-w-buckeye-road\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/12\/4747-W.-Buckeye-Road-e1608549375438.jpg\" data-orig-size=\"1000,750\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"4747 W. Buckeye Road\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;4747 W. Buckeye Road&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/12\/4747-W.-Buckeye-Road-e1608549375438.jpg?w=1000\" class=\"wp-image-1004500858 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/12\/4747-W.-Buckeye-Road-e1608549375438.jpg\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/12\/4747-W.-Buckeye-Road-e1608549375438.jpg 1000w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/12\/4747-W.-Buckeye-Road-e1608549375438.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/12\/4747-W.-Buckeye-Road-e1608549375438.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004500858\" class=\"wp-caption-text\">4747 W. Buckeye Road<\/p><\/div>\n<p>Cohen Asset Management Inc. has acquired a 376,760-square-foot distribution facility in Phoenix. Nuveen Real Estate sold the Class A property dubbed Cactus Distribution Center II after purchasing it in October 2019 for $29.7 million, according to Maricopa County records.<\/p>\n<p>The distribution facility occupies some 22 acres at 4747 W. Buckeye Road within the metro\u2019s southwest industrial submarket. Completed in 2007, the single-story building with three-sided loading features a 30-foot maximum clear height, 50- by 48-foot column spacing and ESFR fire sprinklers, according to CommercialEdge.<\/p>\n<p>The property is located some 6 miles from downtown Phoenix, just east of Mountain Freeway and adjacent to Amazon Fulfillment Center PHX6. The location provides easy access to interstates 10 and 17, while Phoenix Sky Harbor International Airport is 8 miles east of the facility.<\/p>\n<p>During the current investment cycle, CAM has purchased more than 8 million square feet of industrial space across greater Phoenix, bringing its local footprint to roughly 30 buildings and 80 acres of developable land. In July, the company <a href=\"https:\/\/www.commercialsearch.com\/news\/cohen-asset-management-expands-phoenix-industrial-footprint\/\">paid $30.7 million<\/a> for a 325,800-square-foot logistics property located 3.5 miles west of the current acquisition.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cohen Asset Management purchased the Class A property, which previously changed hands in 2019, in the metro&#8217;s southwest industrial submarket.<\/p>\n","protected":false},"author":870,"featured_media":1004500858,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21748,21742,1601,15],"tags":[39193,37491],"class_list":["post-1004500852","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-industrial","category-latest","category-phoenix","category-west","tag-cohen-asset-management","tag-nuveen"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Nuveen Sells 377 KSF Phoenix Distribution Facility - 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\/nuveen-sells-377-ksf-phoenix-distribution-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nuveen Sells 377 KSF Phoenix Distribution Facility\" \/>\n<meta property=\"og:description\" content=\"Cohen Asset Management purchased the Class A property, which previously changed hands in 2019, in the metro&#039;s southwest industrial submarket.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/nuveen-sells-377-ksf-phoenix-distribution-facility\/\" \/>\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=\"2020-12-21T19:32:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/12\/4747-W.-Buckeye-Road-e1608549375438.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"750\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adriana Marinescu\" \/>\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\/nuveen-sells-377-ksf-phoenix-distribution-facility\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/nuveen-sells-377-ksf-phoenix-distribution-facility\/\",\"name\":\"Nuveen Sells 377 KSF Phoenix Distribution Facility - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/nuveen-sells-377-ksf-phoenix-distribution-facility\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/nuveen-sells-377-ksf-phoenix-distribution-facility\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/12\/4747-W.-Buckeye-Road-e1608549375438.jpg\",\"datePublished\":\"2020-12-21T19:32:09+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/d8680cf55f814fe2742cf94207212af1\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/nuveen-sells-377-ksf-phoenix-distribution-facility\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/nuveen-sells-377-ksf-phoenix-distribution-facility\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/nuveen-sells-377-ksf-phoenix-distribution-facility\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/12\/4747-W.-Buckeye-Road-e1608549375438.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/12\/4747-W.-Buckeye-Road-e1608549375438.jpg\",\"width\":1000,\"height\":750,\"caption\":\"4747 W. 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