9024_9048 Bahia_Kitlica

Cushman & Wakefield Represents Seller of Buildings in Bahia Business Park

PHOENIX, March 16, 2016 – Cushman & Wakefield, a global leader in commercial real estate services, announced today that Scottsdale-based 9024 Bahia sold two multi-tenant flex industrial buildings at 9024 and 9048 East Bahia Drive in Scottsdale, Arizona, for $3.1 million. The buyer was Devil Digs Properties, LLC (dba Lusso Auto Group).

Michael Kitlica with Cushman & Wakefield represented the seller in the transaction, Bahia 9024, LLC. Randy Shell and Michelle Gardner with Shell Commercial represented the buyer.

Built in 2005, the project includes two buildings, ±14,627 square feet and ±10,702 square feet that were fully leased at the time of sale to Brown’s Classic Auto. The new ownership has plans to occupy the property in 2016.

About Cushman & Wakefield

Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. The firm’s 43,000 employees in more than 60 countries provide deep local and global insights that create significant value for occupiers and investors around the world. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $5 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.