Industrial Complex in Phoenix Sells for $7.2M

An industrial complex in Phoenix recently sold for $7.2 million.  Real estate investment and management firm Stos Partners announced the sale of the 28,520-square-foot site located on almost 2 acres at 2757 E. Chambers Street in Phoenix to The Sacket Family Trust.  Stos acquired the property in March 2022 for $4.45 million.  “The Phoenix industrial market has seen great demand for industrial space especially with smaller requirements of under 100,000 square feet,” CJ Stos, Stos Partners principal, shared in a press release.  The property is located near the I-10 Freeway and Sky Harbor Airport, providing accessibility for transport and logistics.  Stos Partners was represented by David Wilson and Carter Wilson of Daum Commercial. Alexey Zabolotskikh of Lee & Associates represented the buyer in the transaction.