West Phoenix Industrial Building Puchased By Versatile Ventures

25 Apr, 2006, Phoenix, AZ

The industrial building located at 3232 W. Virginia Ave. has been sold to Phoenix-based Versatile Ventures, LLC for $950,000.

The 28,000-square-foot building was formerly owned by Phoenix-based AMEC Earth & Environmental. Versatile Ventures, which is a combination of family-owned manufacturing and specialty companies, has leased the building for the past year. AMEC Earth & Environmental relocated a year ago to Tempe Business Center at 1405 Auto Drive in Tempe.

Rob Stephens & Jeff Stapley of Cushman & Wakefield of Arizona, Inc. negotiated the sale transaction.

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Cushman & Wakefield is the world’s largest privately held real estate services firm. Founded in 1917, the firm has 189 offices in 57 countries around the globe, and 11,000+ talented professionals. Cushman & Wakefield delivers integrated solutions by actively advising, implementing and managing on behalf of landlords, tenants, and investors through every stage of the real estate process. These solutions include helping clients to buy, sell, finance, lease, and manage assets. C&W also provides valuation advice, strategic planning and research, portfolio analysis, and site selection and space location assistance, among many other advisory services. To find out more about Cushman & Wakefield, please call 1-800-376-3133.

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Contact: Robin Rodie Vitols
The Rodie Company
Public Relations & Marketing
(602) 957-8844

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