Pinnacle Peak CO, LLC, an investment company based out of Bellingham, Washington, has paid $17,000,000 cash for the sale of an industrial manufacturing building located at 2140 West Pinnacle Peak Road in Phoenix, Arizona. The building was purchased from Thul, LLC, a principle of APSM Systems, a sheet metal fabrication company founded in 1966 that has occupied the building since it was built in 1994. APSM has signed a 10-year leaseback on the property.
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