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Hot Deals.(property sales in the Phoenix area)(Brief Article)

The Business Journal - Serving Phoenix & the Valley of the Sun

| January 07, 2000 | COPYRIGHT 1989 Phoenix Business Journal, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

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* $12.03 million

Type: Warehouse/distribution for Smith's Food and Drug

Where: 5305 W. Buckeye Road, Phoenix

Buyer: Kroger Co., Cincinnati

Seller: Rock Properties, Minnetonka, Minn.

Listing agent: None involved.

Selling agent: None involved.

* $7.95 million

Type: Industrial park

Where: Broadway Business Centre, 2450 W. Broadway Road, Mesa

Buyer: Pacific Gulf Properties Inc., Newport Beach, Calif.

Seller: Broadway Mesa Partners, Irvine, Calif.

Listing broker: Joe Porter, CB Richard Ellis,

Selling broker: Pete Klees at Insignia ESG

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