PHOENIX, AZ – Karp Sunbelt Properties, LLC, of Burnaby, British Columbia, Canada, purchased a 21,088-square-foot single tenant industrial building at 7879 East Beck Lane in Scottsdale, Arizona.
Paul Boyle, Rick Danis and Michael Kitlica with Cassidy Turley BRE Commercial, a leading commercial real estate services provider in the U.S., completed the $2 million ($94.84 psf) sale. The seller was Phoenix-based Arizona State Credit Union.
Built in 1997 the building is fully leased to Ridgeline Energy Services, a company which applies proprietary technology to treat water generated from industrial and commercial waste water markets, headquartered in Calgary, Alberta, Canada and trades on the TSX Venture Exchange under the symbol "RLE" and the OTCQX as "RGDEF".
Boyle and Danis, with Cassidy Turley BRE Commercial’s Capital Markets Group, and Kitlica with Cassidy Turley BRE Commercial’s Office Services Group, represented the seller. Aaron Carson with Carson Commercial, LLC represented the buyer.
.For a complete copy of the company’s news release, please contact:
Alison A. Melnychenko
Vice President Marketing
2375 E. Camelback, St. #300,
Phoenix, AZ 85016
T 602.224.4459
C 602.531.1468
F 602.468.8588
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