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Top Ten Properties Acquires 146,052 SF Industrial Complex in Gilbert, Arizona for $55M
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Top Ten Properties Acquires 146,052 SF Industrial Complex in Gilbert, Arizona for $55M
GILBERT, ARIZ. — Richard Scheinfeld of Top Ten Properties has acquired Power Commerce Park, a small-bay industrial campus in Gilbert, part of Phoenix’s Southwest Valley submarket. Dave Cavan of Cavan Commercial sold the asset for $55 million, or $376.57 per square foot. Built in 2023, Power Commerce Park features 146,052 square feet of Class A industrial space adjacent to the Elliot Road Tech Corridor and Phoenix-Mesa Gateway Airport. The Leroy …
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