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| Mike Kasulaitis |
Phoenix, AZ– Mike
Kasulaitis of Voit Real Estate Services’ Phoenix office has successfully
directed the acquisition of a 125,000 square-foot industrial building in
Phoenix, Ariz. on behalf of the buyer, Buckeye 59th Ave, LLC.
The buyer, an East
Coast-based manufacturer and distributor of make-up, costumes and accessories,
will use this property as its distribution facility in Phoenix, according to
Kasulaitis, Vice President in Voit’s Phoenix office.
“As the Phoenix
industrial market continues its recovery, we are seeing an increase in activity
from larger national companies who are seeking to secure distribution space to
fulfill their operational needs,” said Kasulaitis.
According to
Kasulaitis, Buckeye 59th Ave, LLC was seeking a property in close proximity to
its current manufacturing facility in Phoenix with good freeway accessibility.
“Voit’s keen
knowledge of the market enabled us to secure a property that met our client’s
distribution requirements in their desired location,” explained Kasulaitis.
The seller, Conair
Corporation, was represented by Greg White of CBRE.
The property is
located at 2 north 59th Ave in Phoenix, Ariz.
Contact:
Jenn Quader/ Judith
Brower
Brower, Miller &
Cole
(949) 955-7940
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