Two industrial buildings within the Mack Deer Valley Phase II development in Phoenix, Ariz., have sold for approximately $23.2 million.

The structures, located at 21420 and 21430 N. 15th Lane, were built in 2006. The first building contains 53,802 square feet and the second contains 127,183 square feet of industrial space.

At the time of sale, both buildings were 100 percent leased to Medina Manufacturing (35,782 square feet), California Closets (17,752 square feet), Brown & White (31,034 square feet) and West Coast HVAC Supply (27,721 square feet).

Irvine, Calif.-based COP Deer Valley LLC purchased the buildings from Scottsdale, Ariz.-based Mack Deer Valley Phase II LLC of Scottsdale.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Real estate news and analysis that gives you the inside track. Subscribe to Inman Select for 50% off.SUBSCRIBE NOW×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription