An industrial building in Glendale, Arizona, part of the Falcon Park 303 project, was sold for nearly $82 million. The building, fully leased to Unical Aviation, was purchased by an affiliate of Cohen Asset Management Inc. The project includes a 925,504-square-foot development, with the first phase being a 600,000-square-foot building. Cushman & Wakefield represented both the developer, US Capital Development, and the buyer in the acquisition. In another development, transportation company DSV opened an air charter hub at Phoenix-Mesa Gateway Airport to support the semiconductor industry, connecting Arizona with Europe and Latin America.
- May 25, 2023
- 1:06 pm
