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Joint Venture Pays Record High Price for Phoenix-Area Warehouse Leased to Popular Toymaker

Intercontinental Real Estate and Cohen Asset Management Pay Nearly $130 Million for Funko Distribution Center
Funko Toys moved into 10 West Commerce Park in April. (Intercontinental Real Estate Corp.)
Funko Toys moved into 10 West Commerce Park in April. (Intercontinental Real Estate Corp.)
CoStar News
June 23, 2022 | 6:40 P.M.

Local real estate development firm Creation Equity has sold a large new warehouse in Buckeye, Arizona, that was recently leased to toymaker Funko Inc. for one of the highest total prices on record for a greater Phoenix industrial property.

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