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Local Investor Acquires Industrial/Flex Building in Phoenix

Property Sells for $19.2 Million
A private investor purchased the single-story industrial/flex building at 3137 E. Elwood St. in Phoenix for $19.2 million. (CoStar)
A private investor purchased the single-story industrial/flex building at 3137 E. Elwood St. in Phoenix for $19.2 million. (CoStar)
By Yves White
CoStar Research
August 26, 2024 | 5:19 P.M.

A private investor from Tempe, Arizona, has purchased the single-story industrial/flex building at 3137 E. Elwood St. in Phoenix for $19.2 million in late July 2024. The 123,032-square-foot property is part of the Southbank Business Park and was sold by global investment adviser DWS Group.

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