News

Press, Closings, and Market Updates

Original transaction announcements, selected media coverage, and market commentary from the Sheehan | Schumacher Industrial Team.

Leased – 2,748 SF Industrial-Yard Property on 1.9 Acres at 3883 N 38th Avenue in Phoenix
ClosingNovember 1, 2026

Leased – 2,748 SF Industrial-Yard Property on 1.9 Acres at 3883 N 38th Avenue in Phoenix

The Sheehan | Schumacher team completed the lease of 3883 N 38th Avenue in Phoenix. The property is an industrial outdoor storage asset featuring a 2,748 SF building on 1.9 acres of yard in the Gra…

Sold – 13,300 SF Industrial-Yard Property on 1.26 Acres at 2935 E Illini St in Phoenix for $2.3M
ClosingOctober 14, 2026

Sold – 13,300 SF Industrial-Yard Property on 1.26 Acres at 2935 E Illini St in Phoenix for $2.3M

In October 2026, 2935 E Illini St in Phoenix sold to an owner-user for $2,300,000, or $1.83M per acre. The industrial outdoor storage property features a 13,300 SF building on 1.26 acres in the Sou…

Sold – 0.3 Acres of Industrial Land at 1025 W Magnolia in Phoenix for $430K
ClosingOctober 5, 2026

Sold – 0.3 Acres of Industrial Land at 1025 W Magnolia in Phoenix for $430K

In October 2026, 1025 W Magnolia in Phoenix sold to an owner-user for $430,000, or $1.43M per acre. The industrial outdoor storage property consists of 0.3 acres of yard in the South Central submar…

Sold – 3,300 SF Industrial-Yard Property on 2.1 Acres at 2435 W Broadway Rd in Phoenix for $2.95M
ClosingOctober 1, 2026

Sold – 3,300 SF Industrial-Yard Property on 2.1 Acres at 2435 W Broadway Rd in Phoenix for $2.95M

In October 2026, 2435 W Broadway Rd in Phoenix sold as an investment sale for $2,950,000, or $1.40M per acre. The property includes a 3,300 SF industrial building on 2.1 acres of yard in the Southw…

Sold – 6,000 SF Industrial-Yard Property on 0.96 Acres at 9111 S Hardy Dr in Tempe for $1.96M
ClosingSeptember 22, 2026

Sold – 6,000 SF Industrial-Yard Property on 0.96 Acres at 9111 S Hardy Dr in Tempe for $1.96M

In September 2026, 9111 S Hardy Dr in Tempe sold to an owner-user for $1,961,000, or $2.04M per acre. The industrial outdoor storage property features a 6,000 SF building on 0.96 acres in the Tempe…

Sold – 12,000 SF Industrial-Yard Property on 3.23 Acres at 829 W Silverlake Rd in Tucson for $3.27M
ClosingSeptember 3, 2026

Sold – 12,000 SF Industrial-Yard Property on 3.23 Acres at 829 W Silverlake Rd in Tucson for $3.27M

In September 2026, 829 W Silverlake Rd in Tucson sold as an investment sale for $3,267,000, or $1.01M per acre, at a 6.88% cap rate. The property features a 12,000 SF industrial building on 3.23 ac…

Sold – 24,750 SF Industrial-Yard Property on 3.3 Acres at 4040 E Superior Ave in Phoenix for $7.47M
ClosingAugust 19, 2026

Sold – 24,750 SF Industrial-Yard Property on 3.3 Acres at 4040 E Superior Ave in Phoenix for $7.47M

In August 2026, 4040 E Superior Ave in Phoenix sold as an investment sale for $7,470,000, or $2.26M per acre. The Class B industrial outdoor storage property includes a 24,750 SF building on 3.3 ac…

Sold – 4,320 SF Flex Building at 3626 N 36th Ave in Phoenix for $865K
ClosingAugust 18, 2026

Sold – 4,320 SF Flex Building at 3626 N 36th Ave in Phoenix for $865K

In August 2026, 3626 N 36th Ave in Phoenix sold to an owner-user for $865,000, or $200.23 per square foot. The Class B flex building totals 4,320 square feet on 0.41 acres in the West Phoenix subma…

Leased – 8,039 SF Industrial-Yard Property on 0.55 Acres at 4227-4237 E University Dr in Phoenix
ClosingAugust 7, 2026

Leased – 8,039 SF Industrial-Yard Property on 0.55 Acres at 4227-4237 E University Dr in Phoenix

In August 2026, the Sheehan | Schumacher team completed the lease of 4227-4237 E University Dr in Phoenix. The Class B industrial outdoor storage property features an 8,039 SF building on 0.55 acres.

Sold – 0.7 Acres of Industrial-Yard Property at 921 W Magnolia for $900K
ClosingJuly 29, 2026

Sold – 0.7 Acres of Industrial-Yard Property at 921 W Magnolia for $900K

The sale of 921 W Magnolia in Phoenix was recently recorded. The property is an industrial outdoor storage yard consisting of 0.7 acres and sold for $900,000 to an owner-user.

Sold – 2,690 SF Industrial-Yard Property on 0.65 Acres at 8871 N 79th Ave for $1,225,000
ClosingJuly 29, 2026

Sold – 2,690 SF Industrial-Yard Property on 0.65 Acres at 8871 N 79th Ave for $1,225,000

The sale of 8871 N 79th Ave in Peoria was recently recorded. The property consists of a 2,690 SF Class B industrial building with outdoor storage on 0.65 acres in the Grand Avenue submarket. The pr…

Sold – 28,080 SF Industrial Building at 731 W Fairmont Dr for $5.8M
ClosingJuly 18, 2026

Sold – 28,080 SF Industrial Building at 731 W Fairmont Dr for $5.8M

The sale of 731 W Fairmont Dr in Tempe was recently recorded. The property consists of a 28,080 SF Class B industrial building on 1.65 acres in the Tempe East submarket. The transaction closed at a…

Sold – 5,350 SF Industrial-Yard Property on 0.71 Acres at 2945 W McDowell Rd for $1.6M
ClosingJuly 16, 2026

Sold – 5,350 SF Industrial-Yard Property on 0.71 Acres at 2945 W McDowell Rd for $1.6M

The sale of 2945 W McDowell Rd in Phoenix was recently recorded. The property consists of a 5,350 SF Class B industrial-yard building on 0.71 acres in the SW N of Buckeye Road submarket, configured…

Sold – 11,560 SF Industrial-Yard Property on 1.92 Acres at 22444 N 19th Ave for $4.75M
ClosingJuly 16, 2026

Sold – 11,560 SF Industrial-Yard Property on 1.92 Acres at 22444 N 19th Ave for $4.75M

The sale of 22444 N 19th Ave in Phoenix was recently recorded. The property consists of an 11,560 SF industrial building with outdoor storage on 1.92 acres in the Deer Valley/Pinnacle Peak submarke…

Leased – 3,000 SF Industrial-Yard Property on 2.28 Acres at 8220 W Harrison
ClosingJuly 16, 2026

Leased – 3,000 SF Industrial-Yard Property on 2.28 Acres at 8220 W Harrison

The Sheehan | Schumacher team recently completed the lease of 8220 W Harrison in Tolleson. The property consists of a 3,000 SF industrial building on 2.28 acres of yard in the Tolleson submarket, c…

Sold – 9,760 SF Flex Building at 3220 S 38th St for $1.9M
ClosingJuly 16, 2026

Sold – 9,760 SF Flex Building at 3220 S 38th St for $1.9M

The sale of 3220 S 38th St in Phoenix was recently recorded. The property consists of a 9,760-square-foot Class B flex building on 0.43 acres in the North Airport submarket, and sold for $1,900,000…

Sold – 7,641 SF Industrial-Yard Property on 0.67 Acres at 2632 S 24th St for $1.3M
ClosingJuly 16, 2026

Sold – 7,641 SF Industrial-Yard Property on 0.67 Acres at 2632 S 24th St for $1.3M

The sale of 2632 S 24th St in Phoenix was recently recorded. The property consists of a 7,641 SF Class B industrial building with outdoor storage on 0.67 acres in the North Airport submarket. The p…

Sold – 12,000 SF Industrial-Yard Property on 2.07 Acres at 4205 W Glenrosa Ave for $4.5M
ClosingJuly 16, 2026

Sold – 12,000 SF Industrial-Yard Property on 2.07 Acres at 4205 W Glenrosa Ave for $4.5M

The sale of 4205 W Glenrosa Ave in Phoenix was recently recorded. The property consists of a 12,000 SF Class B industrial building with outdoor storage on 2.07 acres in the Grand Avenue submarket. …

Leased – 144,394 SF Industrial-Yard Property on 11.87 Acres at 2502 S 15th Ave
ClosingJuly 16, 2026

Leased – 144,394 SF Industrial-Yard Property on 11.87 Acres at 2502 S 15th Ave

The Sheehan | Schumacher team recently completed the lease of 2502 S 15th Ave. The property consists of a 144,394 SF industrial building situated on 11.87 acres, configured as an industrial outdoor…

Sold – 13,911 SF Industrial Building at 2441 E Chambers St for $2.8M
ClosingJuly 16, 2026

Sold – 13,911 SF Industrial Building at 2441 E Chambers St for $2.8M

The sale of 2441 E Chambers St in Phoenix was recently recorded. The property consists of a 13,911 SF Class B industrial building situated on 1.02 acres in the S Airport S of Roeser submarket. The …

Leased – 0.82 Acres of Industrial-Yard Property at 7020 W. Augusta Avenue in Glendale
ClosingJuly 14, 2026

Leased – 0.82 Acres of Industrial-Yard Property at 7020 W. Augusta Avenue in Glendale

In July 2026, the Sheehan | Schumacher team completed the lease of 7020 W. Augusta Avenue in Glendale. The industrial outdoor storage property sits on 0.82 acres in the Grand Avenue submarket.

Sold – 9,400 SF Industrial-Yard Property on 1.9 Acres at 878 W Illini St for $2.98M
ClosingMay 30, 2026

Sold – 9,400 SF Industrial-Yard Property on 1.9 Acres at 878 W Illini St for $2.98M

The sale of 878 W Illini St in Phoenix was recently recorded. The property consists of a 9,400 SF industrial building with outdoor storage on 1.9 acres in the SC S of Salt River submarket. The prop…

Leased – 3,680 SF Industrial-Yard Property on 1.07 Acres at 3214 W Durango St
ClosingMay 29, 2026

Leased – 3,680 SF Industrial-Yard Property on 1.07 Acres at 3214 W Durango St

The Sheehan | Schumacher team recently completed the lease of 3214 W Durango St in Phoenix. The property consists of a 3,680 SF industrial building situated on 1.07 acres, configured as an industri…

Leased – 11,400 SF Industrial-Yard Property on 3.14 Acres at 5340 W Luke Ave
ClosingMay 29, 2026

Leased – 11,400 SF Industrial-Yard Property on 3.14 Acres at 5340 W Luke Ave

The Sheehan | Schumacher team recently completed the lease of 5340 W Luke Ave in Glendale. The property consists of an 11,400 SF industrial building on 3.14 acres of yard in the Grand Avenue submar…

Leased – 5,550 SF Industrial-Yard Property on 0.76 Acres at 6105 N 52nd Ave in Glendale
ClosingMay 29, 2026

Leased – 5,550 SF Industrial-Yard Property on 0.76 Acres at 6105 N 52nd Ave in Glendale

In May 2026, the Sheehan | Schumacher team completed the lease of 6105 N 52nd Ave in Glendale. The property is an industrial outdoor storage asset featuring a 5,550 SF building on 0.76 acres of yar…

Sold – 12,920 SF Industrial-Yard Property on 1.08 Acres at 1840 W Sherman St in Phoenix for $2.3M
ClosingApril 13, 2026

Sold – 12,920 SF Industrial-Yard Property on 1.08 Acres at 1840 W Sherman St in Phoenix for $2.3M

In April 2026, 1840 W Sherman St in Phoenix sold to an owner-user for $2,300,000, or $2.13M per acre. The Class B, vintage industrial-yard property features a 12,920 SF building on 1.08 acres in th…

Sold – 14,000 SF Industrial-Yard Property on 0.48 Acres at 4028 W Whitton Ave in Phoenix for $925K
ClosingApril 3, 2026

Sold – 14,000 SF Industrial-Yard Property on 0.48 Acres at 4028 W Whitton Ave in Phoenix for $925K

In April 2026, 4028 W Whitton Ave in Phoenix sold to an owner-user for $925,000, or $1.93M per acre. The property includes a 14,000 SF industrial building on 0.48 acres of yard in the West Phoenix …

Sold – 7,060 SF Industrial-Yard Property on 2.67 Acres at 9801 N 19th Ave for $4.15M
ClosingApril 2, 2026

Sold – 7,060 SF Industrial-Yard Property on 2.67 Acres at 9801 N 19th Ave for $4.15M

The sale of 9801 N 19th Ave in Phoenix was recently recorded. The property consists of a 7,060 SF industrial building on 2.67 acres in the North Black Canyon submarket, with outdoor storage yard ar…

Sold – 7,000 SF Industrial-Yard Property on 0.98 Acres at 1702 S 19th Ave for $2.15M
ClosingMarch 5, 2026

Sold – 7,000 SF Industrial-Yard Property on 0.98 Acres at 1702 S 19th Ave for $2.15M

The sale of 1702 S 19th Ave in Phoenix was recently recorded. The property consists of a 7,000 SF industrial building with outdoor storage on 0.98 acres in the SW S of Buckeye Road submarket. The p…

Leased – 7,500 SF Industrial-Yard Property on 1.14 Acres at 1325 E Elwood
ClosingMarch 1, 2026

Leased – 7,500 SF Industrial-Yard Property on 1.14 Acres at 1325 E Elwood

The Sheehan | Schumacher team recently completed the lease of 1325 E Elwood in Phoenix. The property consists of a 7,500 SF industrial building situated on 1.14 acres, offering outdoor storage yard…

Leased – 50,000 SF Industrial-Yard Property on 12.58 Acres at 7701 N 67th Ave
ClosingMarch 1, 2026

Leased – 50,000 SF Industrial-Yard Property on 12.58 Acres at 7701 N 67th Ave

The Sheehan | Schumacher team recently completed the lease of 7701 N 67th Ave in Glendale. The property consists of a 50,000 SF industrial-yard building situated on 12.58 acres, configured as an in…

Sold – 1.57 Acres of Industrial-Yard Property at 8607 N 77th Dr for $1.5M
ClosingFebruary 26, 2026

Sold – 1.57 Acres of Industrial-Yard Property at 8607 N 77th Dr for $1.5M

The sale of 8607 N 77th Dr in Peoria was recently recorded. The property consists of 1.57 acres of industrial outdoor storage yard land in the Grand Avenue submarket and sold to an owner-user for $…

Sold – 9,300 SF Industrial-Yard Property on 1.44 Acres at 240 S Country Club Dr for $2.6M
ClosingJanuary 15, 2026

Sold – 9,300 SF Industrial-Yard Property on 1.44 Acres at 240 S Country Club Dr for $2.6M

The sale of 240 S Country Club Dr was recently recorded. The property consists of a 9,300 SF industrial building with outdoor storage on 1.44 acres. The sale closed at $2,600,000, or $279.57 per sq…

Leased – 7,863 SF Industrial-Yard Property on 2.91 Acres at 4714 N 43rd Ave
ClosingJanuary 1, 2026

Leased – 7,863 SF Industrial-Yard Property on 2.91 Acres at 4714 N 43rd Ave

The Sheehan | Schumacher team recently completed the lease of 4714 N 43rd Ave in Phoenix. The property consists of a 7,863 SF industrial building on 2.91 acres of yard in the Grand Avenue submarket…

Sold – 6,423 SF Industrial-Yard Property on 4.21 Acres at 30 N 56th St for $6.5M
ClosingJanuary 1, 2026

Sold – 6,423 SF Industrial-Yard Property on 4.21 Acres at 30 N 56th St for $6.5M

The sale of 30 N 56th St in Phoenix was recently recorded. The property consists of a 6,423 SF industrial building with outdoor storage on 4.21 acres in the North Airport submarket. The sale closed…

Sold – 19,080 SF Flex Building on 1.7 Acres at 2923 W Weldon Ave for $4.4M
ClosingDecember 17, 2025

Sold – 19,080 SF Flex Building on 1.7 Acres at 2923 W Weldon Ave for $4.4M

The sale of 2923 W Weldon Ave in Phoenix was recently recorded. The property consists of a 19,080 SF Class B flex building situated on 1.7 acres in the West Phoenix North of Thomas Road submarket. …

Sold – 43,735 SF Class A Building on 9.97 Acres at 13359 W Willow Ave for $10.3M
ClosingNovember 21, 2025

Sold – 43,735 SF Class A Building on 9.97 Acres at 13359 W Willow Ave for $10.3M

The sale of 13359 W Willow Ave in Surprise was recently recorded. The property consists of a 43,735-square-foot Class A building situated on 9.97 acres. The sale closed at $10,300,000, or $235.51 p…

Sold – 34,000 SF Industrial-Yard Property on 1.99 Acres at 5818-5830 W Maryland Ave for $4.47M
ClosingNovember 14, 2025

Sold – 34,000 SF Industrial-Yard Property on 1.99 Acres at 5818-5830 W Maryland Ave for $4.47M

The sale of 5818-5830 W Maryland Ave in Glendale was recently recorded. The property consists of a 34,000 SF industrial building with outdoor storage on 1.99 acres. The sale closed at $4,465,000, o…

Sold – 17,452 SF Industrial-Yard Property on 2.11 Acres at 1600 S Central Ave for $4.65M
ClosingOctober 8, 2025

Sold – 17,452 SF Industrial-Yard Property on 2.11 Acres at 1600 S Central Ave for $4.65M

The sale of 1600 S Central Ave in Phoenix was recently recorded. The property consists of a 17,452 SF industrial building situated on 2.11 acres, configured as an industrial outdoor storage asset w…

Leased – 3,600 SF Industrial-Yard Property on 1.23 Acres at 1701 E Elwood St
ClosingOctober 1, 2025

Leased – 3,600 SF Industrial-Yard Property on 1.23 Acres at 1701 E Elwood St

The Sheehan | Schumacher team recently completed the lease of 1701 E Elwood St in Phoenix. The property consists of a 3,600 SF industrial building on 1.23 acres of yard in the South Airport submark…

Leased – 350 SF Industrial-Yard Property on 1.5 Acres at 6362 W Orangewood Ave in Glendale
ClosingSeptember 30, 2025

Leased – 350 SF Industrial-Yard Property on 1.5 Acres at 6362 W Orangewood Ave in Glendale

In September 2025, the Sheehan | Schumacher team completed the lease of 6362 W Orangewood Ave in Glendale. The property is an industrial outdoor storage asset featuring a 350 SF building on 1.5 acr…

Sold – 12,500 SF Industrial Building at 4035 E Magnolia St for $1.6M
ClosingSeptember 8, 2025

Sold – 12,500 SF Industrial Building at 4035 E Magnolia St for $1.6M

The sale of 4035 E Magnolia St in Phoenix was recently recorded. The property consists of a 12,500 SF Class B industrial building on 0.58 acres in the North Airport submarket. The sale closed at $1…

Leased – 1,500 SF Industrial-Yard Property on 1.46 Acres at 1812 E Watkins St
ClosingSeptember 1, 2025

Leased – 1,500 SF Industrial-Yard Property on 1.46 Acres at 1812 E Watkins St

The Sheehan | Schumacher team recently completed the lease of 1812 E Watkins St in Phoenix. The property consists of a 1,500 SF industrial building on 1.46 acres of industrial outdoor storage yard,…

Sold – 15,293 SF Class B Building on 0.55 Acres at 4132-4140 E Winslow Ave for $3.125M
ClosingAugust 20, 2025

Sold – 15,293 SF Class B Building on 0.55 Acres at 4132-4140 E Winslow Ave for $3.125M

The sale of 4132-4140 E Winslow Ave in Phoenix was recently recorded. The property consists of a 15,293 SF Class B building situated on 0.55 acres.

Closing
ClosingAugust 19, 2025

Sold – 1,825 SF Industrial-Yard Property on 0.89 Acres at 6610 W Orangewood Ave for $1.085M

The sale of 6610 W Orangewood Ave in Glendale was recently recorded. The property consists of a 1,825 SF building on 0.89 acres in the Grand Avenue submarket, configured as an industrial outdoor st…

Sold – 3,259 SF Industrial-Yard Property on 2.27 Acres at 2724 W Buckeye Rd for $1.4M
ClosingAugust 13, 2025

Sold – 3,259 SF Industrial-Yard Property on 2.27 Acres at 2724 W Buckeye Rd for $1.4M

The sale of 2724 W Buckeye Rd in Phoenix was recently recorded. The property consists of a 3,259 SF industrial building on 2.27 acres of yard in the SW N of Buckeye Road submarket. The sale closed …