Approximately a year after its acquisition, Westcore, a real estate investment firm and an affiliate of Brutten Global, has sold a Phoenix industrial building for an undisclosed price. The fully leased, 380,000 square-foot building at 8001 West Buckeye Road was purchased by affiliates of KKR. Westcore purchased the property, known as West80, in August 2019 upon its construction completion.
KKR represented itself in the transaction, while Will Strong, Greer Oliver, Mike Haenel and Andy Markham of Cushman & Wakefield represented Westcore in the sale. Haenel and Markham also brokered the lease with ABB Inc., a wholly owned subsidiary of ABB, which leased 100 percent of the West80 property this spring.
The building has an ESFR sprinkler system, 36-foot clear height, cross-dock loading, an office suite, and a fully secured property.
For more information, read more in the San Diego Business Journal.