Reported Oct 15, 2026 · Source: Connect CRE
3137 E. Elwood St is an industrial sale in South & Southwest Phoenix, Phoenix. Other details we have: buyer Sierra Ridge Capital; seller a local investor; price $31M; size 123,032 SF on 9.8 acres. Connect CRE reports: “Newmark arranged the $31 million sale of 3137 East Elwood Street, a 123,032-square-foot industrial building situated on approximately 9.8 acres in Phoenix’s Southbank Business Park, to Sierra Ridge Capital.”
Quoted from the article; the other facts come from our own deal listing.
Read the full report at Connect CRE. What the article says:
Newmark arranged the $31 million sale of 3137 East Elwood Street, a 123,032-square-foot industrial building situated on approximately 9.8 acres in Phoenix’s Southbank Business Park, to Sierra Ridge Capital. A local investor was the seller. The property was fully leased to three tenants at closing. Auto House is one of the tenants. Newmark’s Gary Cornish and...
Newmark arranged the $31 million sale of 3137 East Elwood Street, a 123,032-square-foot industrial building situated on approximately 9.8 acres in Phoenix’s Southbank Business Park, to Sierra Ridge Capital.
Article date: 2026-10-15T15:54:36+00:00
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