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5615 S Sossaman

• 5615 S. Sossaman
  Mesa , AZ 85212

• Real Estate Type: Aviation

• Square Feet: +/- 48,006

Project Overview

• Default left 48,000 SF vacancy
• Combination of class A office and hangar space
• One of the most actively developing airports in the USA

Challenge

• Large vacancies with nearly 25% office (no pure use)
• Tough capital markets environment
• Aviation use attracts non-qualified parties

Solution

• Teamed up with CBRE Seattle for Aviation expertise and super team for tours/calls
• Multi-pronged marketing approach for lease and for sale, eblasts nationally, calls to users and door knocking

Results

• Incredibly competitive environment created.
• Multiple full prices and above ask offers for lease and sale
• Long term tenant secured to increase NOI for future disposition.

Client