REBusiness Online Setna iO/Setnix has paid $27 million, or $240.43/sf, for University Logistics Center, a 112,300-square-foot industrial property in Tempe, Ariz. The aircraft part supplier purchased the property from LBA Logistics, which was represented by Cushman & Wakefield. The property was built in 1986 at 1345 South 52nd St., about eight miles east of Phoenix. […]

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