Farkas Subsidiary NAI Horizon Acquires Airpark Land
As a part of the world’s leading real estate network, NAI Horizon is constantly making new purchases for clients. The Arizona-based real estate company made an exciting acquisition this month. Represented by Senior Vice President Mark Wilcke, they purchased a manufacturing building at the Stellar Airpark in Chandler for nearly $2 million.
Wilcke represented East Valley Precision of Gilbert, a business specializing in computer numerical control milling, grinding, and waterjet cutting. Their business focus is on machining steel, aluminum, titanium, plastics, and other materials. East Valley Precision is aiming to expand and this property is a rare find. In the East Valley area, industrial buildings with yard space are becoming more and more scarce. The building will be used as a manufacturing machine shop for the quickly growing East Valley Precision company.
Many features of the property are especially beneficial for East Valley Precision, including the fenced yard, full-power loading, and taxiway access. The surrounding Stellar Airpark is a privately-owned, public use space. The 15,000 square foot building is located at 4148 W. Venus Way. The acquired property was built in 1998.
NAI Horizon is a commercial real estate company established in 1992, with offices in both Phoenix and Tucson. The company is a member of the world’s largest commercial real estate network, NAI Global. NAI Global has 400 offices worldwide, operating across the United States and in 54 other countries. NAI Global is a subsidiary of Andrew Farkas’ premier merchant banking company, the Island Capital Group.Read More