Colliers in Arizona negotiated over $ 15 million in real estate transactions for Arizona-based Goettl Corp., a prominent 80-year-old Phoenix-based air conditioning and plumbing company, with operations in Arizona, Texas, California and Nevada. … The company acquired an office building as its new headquarters and office / warehouse building in Tucson, and also sold commercial space. land plot in Scottsdale.
“These were very strategic deals for the company,” says Greg Hopley, executive vice president of Colliers in Arizona. “Gettle bought land in Scottsdale a few years ago with the intention of building a new headquarters. The opportunity arose to buy an ideal existing building. We turned around and helped the company sell the land for a profit while acquiring a stunning existing headquarters. In addition, we helped Goettl buy a South Arizona headquarters building in Tucson to help further its expansion. ” – said Hopley.
Hopley and Dillon Hopley with Colliers in Arizona represented Gettle in sales and purchases.
According to Goettl CEO Ken Goodrich, “Since our new headquarters are now in Pheonix, Goettl plans to hire hundreds of new employees and we will be implementing our new Goettl University. These university endeavors allow us to recruit, hire and train our new employees to work and reflect the extremely high standards that Goettl offers to its clients and which are recognized by the public. ”
Gettle acquired 5.4 acres of land at 8701 E. McDowell Rd, near Loop 101, over two years ago. The company just sold the land for $ 6 million 8701 BT McDowell, LLC. The buyer plans to keep the property for future construction. Hopley assisted both parties in the deal.
The company recently acquired a building at 4611 E. Baseline Rd. in Phoenix to serve as its future headquarters. Goettl Corp. paid $ 7.3 million for a 55,000 square foot office building. The building was purchased from 4611 E Baseline LLC, and the seller was represented by Barry Gable of CBRE. Goettl Corp. plans to move from its current premises to 1845 W. 1st In Tempe and we will occupy a new building in the coming months. Hopley represented Gettl at the purchase.
In addition to purchasing the headquarters building, Göttl also bought a $ 1.9 million office and warehouse building at 4771 S. Overland Dr. in Tucson. The company acquired a 23,000 square foot facility from Jim & Terry Enterprises LLC. The seller was represented by Tim Healy of CBRE and Hopley was represented by Goettl. Goettl plans to relocate its Tucson manufacturing facility in the coming weeks from its current location at 2551 N. Dragoon St. They’ll start hiring and expanding as stated above.