PHOENIX, AZ — August 20, 2025 — A 15,293-square-foot Class B industrial property at 4132-4140 E Winslow Avenue in Phoenix has sold for $3,125,000, reflecting a price of $204.34 per square foot. The transaction, closed on August 20, 2025, underscores sustained investor appetite for well-located, functional Class B industrial product across the Phoenix metropolitan area.
The Sheehan | Schumacher Industrial Team at Rein & Grossoehme Commercial Real Estate (RGCRE), led by Patrick Sheehan and Max Schumacher, SIOR, provided landlord representation in the transaction.
Key Highlights
- Sale Price: $3,125,000
- Building Size: 15,293 SF on 0.55 acres
- Price Per Square Foot: $204.34/SF
- Property Type: Class B Industrial
- Location: 4132-4140 E Winslow Ave, Phoenix, AZ
- Representation: Sheehan | Schumacher Industrial Team (Landlord Representation)
- Brokerage: Rein & Grossoehme Commercial Real Estate
Transaction Summary
The 4132-4140 E Winslow Avenue property encompasses 15,293 square feet of Class B industrial space situated on approximately 0.55 acres of land. The address range suggests a multi-unit configuration, a format that continues to attract investor interest due to the flexibility it offers in tenant mix and income diversification.
"Class B industrial product in infill Phoenix locations remains highly competitive," said Max Schumacher, SIOR, of Rein & Grossoehme Commercial Real Estate. "At over $204 per square foot, this sale reflects the premium that buyers are placing on functional, well-positioned industrial assets — particularly in established corridors where replacement costs make new construction prohibitively expensive."
The sale price of $204.34 per square foot positions this transaction well within the range of recent comparable Class B industrial trades across Phoenix's infill submarkets, where limited available inventory and strong tenant demand continue to support pricing.
Deal Metrics
| Metric | Detail |
|---|---|
| Address | 4132-4140 E Winslow Ave, Phoenix, AZ |
| Property Type | Class B Industrial |
| Building Size | 15,293 SF |
| Land Area | 0.55 Acres (23,958 SF) |
| Sale Price | $3,125,000 |
| Price/SF (Building) | $204.34 |
| Implied Land Value/SF | ~$130.40/SF (land) |
| Building-to-Land Ratio | ~63.8% |
| Sale Date | August 20, 2025 |
| Landlord Representation | Sheehan | Schumacher Industrial Team, RGCRE |
Market Context
Phoenix Class B Industrial Fundamentals
The Phoenix industrial market continues to demonstrate strong fundamentals heading into the second half of 2025, with Class B product occupying a particularly compelling position in the investment landscape. As Class A speculative development faces headwinds from elevated construction costs and selective tenant demand, institutional and private capital has increasingly turned to stabilized Class B assets in infill locations.
Properties along the East Phoenix corridor — where the Winslow Avenue asset is situated — benefit from established infrastructure, proximity to labor pools, and accessibility to the broader Phoenix freeway network. The building-to-land ratio of approximately 63.8% at this property reflects the type of efficient site coverage typical of functional Class B industrial facilities in mature Phoenix submarkets.
Patrick Sheehan of Rein & Grossoehme Commercial Real Estate noted that landlord representation in Class B transactions requires a nuanced approach. "Pricing these assets correctly from the outset — factoring in building condition, tenant profile, and location premiums — is critical. The $204 per-square-foot result here validates the strength of the market and the strategy behind positioning this property for the right buyer pool."
The Sheehan | Schumacher Industrial Team at RGCRE has now completed over $525 million in total transaction volume across the Phoenix metropolitan area, with particular depth in industrial landlord representation across a range of property types and size segments.
About Rein & Grossoehme Commercial Real Estate
Rein & Grossoehme Commercial Real Estate (RGCRE) is a full-service commercial real estate brokerage based in Scottsdale, Arizona. The Sheehan | Schumacher Industrial Team, led by Patrick Sheehan and Max Schumacher, SIOR, specializes in industrial landlord representation across the Phoenix metropolitan area, with deep expertise in Industrial Outdoor Storage (IOS), single-tenant industrial, and multi-tenant flex properties. With over $525 million in total transaction volume, the team ranks among the top industrial brokerage teams in the Phoenix market.