The sale of 2818 E. Illini Street, Phoenix, Arizona, a 16,510 square foot industrial building was recently recorded. The property sold to Redeka Venture, LLC, an Arizona Limited Liability Company. The seller was Illini Property, LLC. The sales price was $850,000.00 which equates to $51 per square foot.
Jake Ertle of Rein & Grossoehme Commercial Real Estate represented the buyer. For more information regarding the above listed transaction, contact Jake Ertle at 480-214-9419 or Jake@RGcre.com.
Specializing in commercial real estate for over 20 years, Rein & Grossoehme is consistently recognized as a market leader in Arizona and provides services in retail leasing and sales, office leasing and sales, industrial leasing and sales, land and pads, self storage properties, multi-family properties, single tenant triple net leased properties, and tenant representation.