Daum Helps Arizona-based company expand with new headquarters in Glendale

Carter Wilson

 PHOENIX, AZ – DAUM Commercial Real Estate Services has recently directed the acquisition of a 9,500 square-foot industrial property in the Phoenix submarket of Glendale, Arizona on behalf of the buyer, American Roofing & Waterproofing.

          The asset will serve as the company’s new headquarters location, according to Carter Wilson, CCIM, Associate at DAUM Commercial, who completed the transaction alongside David Wilson, CCIM, DAUM Executive Vice President.

“As a leading commercial and residential roofing company in Arizona that also works throughout Texas and California, American Roofing & Waterproofing has experienced consistent growth,” says Carter.

         David Wilson

“Based on the firm’s success, business plan, and the strength of the greater Phoenix industrial market, we advised the team to strategically purchase their own location in Glendale, which will position them well for continued success and expansion.”

Carter notes that the property is situated in an ideal location for the buyer, with all of its vendors located within a mile of the asset, as well as a strong client base.

Wilson adds that the Phoenix area saw the best quarter on record for industrial net absorption in Q4 2020, demonstrating the continuing demand from local businesses to remain in and expand within the market.

Doug Haman

“Through close relationships with lenders, we were further able to help move this transaction forward seamlessly by connecting the buyer with Enterprise Bank, where Senior Vice President Doug Haman facilitated the SBA loan process with the buyer and all other parties involved,” Wilson continues.

The property is located at 5210 W. Missouri Avenue in Glendale, Arizona and was purchased for $850,000.

 

 CONTACTS: 

Katie Haga / Elisabeth Manville  
Brower Group  
(949) 438-6262 
khaga@brower-group.com 

Arleeny Escarcega · Account Coordinator 
O 949 438 6262

Brower Group, Inc. 
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