“Tempe Warehouse Receives $27.5M Investment from Aircraft Supplier”

"Tempe Warehouse Receives $27.5M Investment from Aircraft Supplier"

Setna iO/Setnix, a leading supplier of aircraft parts, has recently acquired a spacious industrial property in Tempe for $27.5 million. The 112,300-square-foot facility is located at 1345 S. 52nd St and was sold by LBA Logistics with the assistance of Mike Haenel from Cushman & Wakefield.

The newly renovated building boasts impressive features such as a clear ceiling height of 32 feet, three dock-high doors and ten drive-in doors for easy access, high power capacity with 4,000 amps available, full air conditioning throughout the entire building and modern office spaces to support the company’s rapid growth. Situated on a generous site spanning over nine acres,the property also offers ample parking space with room for up to 494 vehicles.

Specializing in aftermarket aircraft parts supply as well as advanced machining and repair services for airplane components,is Setna iO/Setnix’s area of expertise.Their new location is strategically positioned near Interstate10and US60 junction,making it easily accessible via seven major freeways within just ten minutes.Additionally,it is only five minutes away from Phoenix Sky Harbor International Airport,a key transportation hub that will greatly benefit their operations.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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