Power Commerce Park Industrial Campus Purchase
Sector: Warehouse • Location: Gilbert, Arizona, United States
Source: The Business Journals
Richard Sheinfeld, an 89-year-old veteran real estate investor, made his final investment by purchasing the Power Commerce Park, a 12-building industrial neighborhood flex-bay campus in Gilbert, Arizona. The campus includes 12 buildings with storefronts, warehouse space, and secure yards, totaling more than 146,000 square feet. The buildings are mostly divided into 6,000-square-foot suites and wer
- Status
- Closed
- Sector
- Warehouse, Residential, Power Generation (CCGT), Manufacturing (Industrial), Road, Commercial
- Location
- Gilbert, Arizona, United States of America
- Updated
- 22 Jul 2026
- Source
- The Business Journals
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Project Information
Participants
| Not available for this record. |
Status
Original status | completed |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Richard Sheinfeld, an 89-year-old veteran real estate investor, made his final investment by purchasing the Power Commerce Park, a 12-building industrial neighborhood flex-bay campus in Gilbert, Arizona. The campus includes 12 buildings with storefronts, warehouse space, and secure yards, totaling more than 146,000 square feet. The buildings are mostly divided into 6,000-square-foot suites and were fully leased and stabilized at the time of sale. This purchase marks the end of Sheinfeld's 50-year real estate career, during which he spent $95 million on Phoenix-area industrial properties in 2025. |
Original sector | Real Estate |
Budget |
Location
Country | United States of America (USA) |
State | Arizona |
City | Gilbert |
Source
Source | The Business Journals |
URL |
More Details
Record type | Project |
Sector | Warehouse, Residential, Power Generation (CCGT), Manufacturing (Industrial), Road, Commercial |
Article published date | 2025-12-27 |
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