Phoenix, Arizona – ORION INVESTMENT REAL ESTATE is proud to announce the successful sale of a 20,150-square-foot industrial facility located at 211 S 28th Street in Phoenix, which closed at $4,800,000. The transaction was led by ORION broker Jay Krew, who represented the seller, Logotec, in this strategic and efficiently executed deal.

The property sits on 0.93 acres just minutes from Phoenix Sky Harbor International Airport. Currently occupied by a men’s clothing distribution business, the building had recently undergone substantial improvements, positioning it as a rare turnkey opportunity in a highly desirable infill location.

Despite broad exposure to the market, it was a focused outreach campaign to neighboring property owners that ultimately secured the right buyer. The City of Phoenix, which had previously attempted to acquire the property in 2023, quickly stepped in with an all-cash offer. The deal closed in under 10 days.

“This was a classic example of relationships and timing,” said Krew. “The property’s location and recent renovations made it an ideal fit for the City’s long-term plans, offering a high-quality industrial asset without the typical capital expenditure associated with second-generation buildings.”

The City plans to incorporate the site into its growing portfolio of assets surrounding Sky Harbor, part of a broader effort to secure land for future development and infrastructure expansion. While multiple offers were received, the seller chose the City based on their urgency, strategic goals, and alignment with the property’s future use.

This transaction reflects ORION’s continued strength in Arizona’s industrial real estate market and its ability to deliver value-driven results for property owners through hands-on execution and deep local expertise.