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Cushman & Wakefield notches sale of Tempe flex office for cool $11M

A view of 8123 S. Hardy Drive in Tempe — just an arrow’s shot from Phoenix Sky Harbor International Airport — that recently changed hands for $10 million, officials at Cushman & Wakefield report. (File photo/DigitalFreePress.com)
Staff Reports | Digital Free Press

Cushman & Wakefield brokered the $11 million sale of a 56,240-square-foot flex office property in Tempe found at 8123 S. Hardy Drive.

The single-story building will soon be fully vacant following the departure of its single tenant, officials at Cushman & Wakefield report.

The seller was 7172 South Airport Road, LLC and the buyer was RSE Capital Partners, LLC, meanwhile Cushman & Wakefield’s Eric Wichterman, Mike Coover, Brad Anderson, and Mike Strittmatter brokered the transaction.

“The building’s large floor plate, 29-foot clear height, expansive 7:1,000 parking ratio and excellent freeway accessibility create a prime opportunity whether it be for use as a flex office building or a conversion to industrial,” said Eric Wichterman of Cushman & Wakefield.

The property is within close proximity to Interstate 10 and near the Phoenix Sky Harbor International Airport.

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