A massive 1.27 million-square-foot industrial park in southeastern Mesa has sold for $135 million, making it one of the largest industrial sales so far this year.
The Hub @ 202 was acquired by New York-based Machine Investment Group, in partnership with Axonic Capital LLC and Miramar Capital, from Wharton Industrial, the company said. The sale closed June 1, according to Tempe-based real estate database Vizzda LLC.
Cushman & Wakefield brokers represented both parties in the sale. The team included Will Strong, Molly Miller, Jack Stamets, Michael Matchett and Madeline Warren. Also involved were leasing advisors Ken McQueen, Chris McClurg, Blake Peters, and Jack Sims of Lee & Associates…