RED Development pays $28.6M ($199psf) for former Fry’s Electronics off I-17; plans spec, small bay development dubbed Canyon Commerce Center

Retail

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Phoenix Business Journal

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• Subcategory: Conversion, Redevelopment, Sale

• Tag: Industrial: Small-Shallow-Bay | Industrial: Spec | Retail: Free Standing-Stand Alone

• Additional Filters-Subcategory: Conversion: Retail-to-Industrial

• Additional Filters-Tags: Dimension Financial & Realty, RED Development

Highlights
RED Development bought a north Phoenix office complex for $28.6 million
The site will convert to an industrial park with three new buildings
RED primarily develops mixed-use, office and retail projects throughout the Valley

Dimension Financial & Realty

Jerry Tokoph | President

602-393-4440

RED Development

Barry Shannahan | EVP, Development

bshannahan@reddevelopment.com

480-947-7772