MESA, AZ – Nick Miner, CCIM and Jay Krew of ORION Investment Real Estate, reports selling the 2.3 acres of industrial land in Mesa, Arizona in the Falcon Field submarket for $1,100,000 or $10.98/SF.
The Falcon Field Mesa area is a diverse and vibrant community located in northeast Mesa, Arizona. It is home to a mix of residential, commercial, and industrial development, as well as the Falcon Field Airport, a general aviation airport owned and operated by the City of Mesa. The commercial areas of Falcon Field Mesa are home to a variety of businesses, including restaurants, retail stores, and office buildings. The area is also home to a number of industrial businesses, such as manufacturing and distribution facilities.
Nick Miner, CCIM, Senior Vice President at ORION commented, “Original plans for my client was to build the Ivy Condo Units. There was a ton of interest in them. Unfortunately, my client had to pivot.” Miner continued, “The good news is the buyer can use the land for their company and they had been looking for a site similar to this for over 2 years.”
Seller, Opus Business Park, LLC, was represented by Miner & Krew of ORION Investment Real Estate.
Buyer, D&K Milestone Leasing, LLC, was represented by Miner & Krew as well.
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