Reported Sep 21, 2026 · Source: CRE News
Warehouse at NW corner of McDowell Rd and 27th Ave is an industrial sale in Central Phoenix (Downtown / Midtown / Camelback), Phoenix. Other details we have: buyer 5C AI (data center developer); seller Hanson Capital Group; price $22.75M; size 113,414 SF; $200.59/SF. CRE News reports: “Phoenix Business Journal Data center developer 5C AI has paid $22.75 million, or $200.59/sf, for the 113,414-square-foot industrial building at the northwest corner of McDowell Road and 27th Avenue in Phoenix. The The Saint-Laurent, Quebec, company acquired the property from Hanson Capital Group,…”
Quoted from the article; the other facts come from our own deal listing.
Read the full report at CRE News. What the article says:
Phoenix Business Journal Data center developer 5C AI has paid $22.75 million, or $200.59/sf, for the 113,414-square-foot industrial building at the northwest corner of McDowell Road and 27th Avenue in Phoenix. The The Saint-Laurent, Quebec, company acquired the property from Hanson Capital Group, which bought it in 2021 for $9.5 million. The property is vacant […]
Article date: 2026-09-21T19:35:19+00:00
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