DeMichele Group Purchases New Facility

Glass Magazine
May 12, 2017
COMMERCIAL, RETAIL, FABRICATION

Newmark Grubb Knight Frank purchased a 17,149-square-foot Class A industrial asset located in Chandler, Arizona, for the new home of DeMichele Group. NGKF’s Executive Managing Director Jerry Jacobs and Associate Joe Vale represented DeMichele Group (Hefner Family, LLCC) in the $2,229,370 acquisition from MS-Chandler Airpark LLC.

“Our growing business required an expansion of space, from 9,000 square feet to 17,149 square feet,” says Brian Hefner, owner and president of DeMichele Group. 

Lisa Hefner, owner and CEO of DeMichele Group, added, “Working with NGKF’s Jacobs and Vale, we were able to navigate the overall complexity of the Phoenix market’s growth and find our new facility in Chandler Airpark which is ideally suited for our expansion and a convenient location for our employees.”

Read more...