Shopoff Realty Investments and Contour Real Estate Acquire 54 Acres of Land in Buckeye, AZ for Ground-Up Industrial Development
“Phoenix West Market is a prime location for industrial development, with easy access to I-85 and I-10, and a one-day drive to the port of The angel“Explained Shopoff President and managing director, William Shopoff. “With the influx of e-commerce and logistics companies into this area in recent years, the demand for industrial space continues to grow and we see ourselves well positioned for successful development.”
The property is located on the southeast corner of Southern Avenue and Rainbow Road and is immediately adjacent to the Union Pacific Rail Line, which offers even better access and the potential for direct rail links.
David Daneshforooz, Chief Executive Officer of Contour added, “We are excited to be part of the explosive growth in the Southwest Valley, which we are confident will continue for the next decade as the area continues to develop progresses. “
About Shopoff Realty Investments
Shopoff Realty Investments is a Irvine, California-Based real estate company with a 29 year history in value creation and opportunistic investments across the region The United States. The company is primarily focused on proactively generating value through the repositioning of commercial investment properties and the authorization of real estate assets. Its 29-year history includes serving as the Asset Recovery Fund, Eastbridge Partners and Shopoff Realty Investments (formerly known as The Shopoff Group). The performance has changed during this period, with certain offers causing losses. For more information, visit www.Shopoff.com or call (844) 4-SHOPOFF.
Disclosure
This is not an offer to buy or sell any securities. Such an offer may only be made to qualified buyers through the offer memorandum. Any investment in Shopoff Realty Investments programs involves significant risk and is only suitable for investors who do not need liquidity and who can bear the loss of their entire investment. There is no guarantee that any strategy will successfully achieve its investment objectives. The performance of this asset is not an indication of the future results of any other asset. Securities offered through Shopoff Securities, Inc., member FINRA / SIPC, 2 Park Plaza, Suite 770, Irvine, California. 92614, (844) 4-SHOPOFF.
About contour
Contour is a private commercial real estate investment and development company founded in 2018 as the vertical development arm of a family-owned agricultural trading company founded in 1987. The company is a vertically integrated opportunistic real estate company that develops, owns and operates property throughout The United States. Contour’s decisions are guided by market-leading research and a commitment to precise execution, while remaining entrepreneurial in its approach to opportunity. Contour’s Executive Management Team has over 60 years of experience spanning over 75 million square feet and $ 36 billion across all asset classes. Contours California Office is located at 3200 Park Center Drive, Suite 1240 Costa Mesa, California. 92626. For more information about the company, its team and what they do, please visit www.Contourre.com.
Contact:
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Spotlight Marketing Communication
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SOURCE Shopoff Realty Investments
