Stos Partners

PHOENIX - (September 17, 2024) –?Stos Partners,?a leading commercial real estate investment and management firm specializing in the value-add space,?announces its closing of 236 and 240 North 48th?Avenue in Phoenix. The 5.3-acre property includes two freestanding industrial warehouse buildings totaling 94,836 square feet. The transaction marks Stos Partners’ seventh?industrial acquisition in Phoenix as the firm continues to secure opportunities that align with its strategic value-add investment platform. “We are excited to acquire 236 and 240 North 48th Avenue, a strategically located property in the Southwest Phoenix submarket where demand for modern and efficient industrial warehouse space remains strong,” said Morgan Hill, Vice President at Stos Partners. “This acquisition allows us to secure a vacant asset at an excellent basis and immediately implement our value-add expertise to enhance performance and maximize income potential.” The purchase transaction was facilitated by Phil Haenel, Gary Anderson, Foster Bundy at Cushman and Wakefield. Gary Anderson and Nik Vallens are leading the buildings’ leasing efforts.?

Stos Partners has officially entered the Salt Lake City, Utah industrial market with our first value-add investment. We are thrilled about successfully closing on this 279,233 square foot, three building multi-tenant building for $34.99M in an off-market transaction. In addition to the prime location and functionality of the business park, we were attracted to the opportunity due to the wide range of suite sizes and tenant diversification. We are excited to immediately implement our business plan and create value through property enhancements in parallel with bringing all the leases up to market. Huge thanks to?@Alexander Harrold?for believing in us through this transaction and making us aware of this opportunity.

Stos Partners Fund I is closed and ready for deployment. Please reach out to our team with any investment opportunities you may have.??

La Mirada, CA (June 21, 2024) –?Stos Partners, one of the most active commercial?real estate investment and management firms in Southern California, has announced the successful sale of a 21,980 square-foot industrial building in La Mirada, California, to an owner user for $9.25 million. The property is located at 14575 Firestone Boulevard, La Mirada, California. Stos was represented by Brad Schneider and Nick Krakower of Lee and Associates.

? We're thrilled to announce the latest addition to the Stos portfolio and our 6th acquisition in Phoenix, a 35,007 square foot building situated at 2325 W. Cypress Street. Acquiring this unique free-standing building at an exceptional basis of $127 PSF is a significant win for us. Beyond the attractive basis, we're excited about securing such a functional property in a prime location within the southwest Phoenix infill submarket. The Stos transformation is already underway, and we've recently launched the building for lease. A big shoutout to our dedicated broker, Sam Jones of Colliers, for his patience and diligence in closing this deal. We're constantly on the lookout for new opportunities, so don't hesitate to reach out to the Stos team.

Following a successful executed business plan, we are excited to announce the disposition of 1002 S. 54th Avenue in Phoenix. The 94,186 square-foot industrial building located on 4.2 acres, sold to a private investor for $16.5 million dollars, just over $175 PSF. Big shout out to our leasing and disposition teams Phil Hanel, Will Strong, and Foster Bundy of Cushman & Wakefield and Anna Josephson of KBC Advisors. If you have an industrial purchase opportunity, please do not hesitate to reach out to the Stos Partners.?