Accelerated Commercial Real Estate Represents Skanska in the Purchase of a $1.8M Site in Phoenix, AZ

Press Release


Accelerated Commercial Real Estate Represents Skanska in the Purchase of a $1.8M Site in Phoenix, AZ

Phoenix, AZ (Date, 2015) – Accelerated Commercial Real Estate recently announced  that it represented Skanska USA Civil West Rocky Mountain District, Inc., a world-leading project development, construction amd civil engineering group, in their  purchase of the 8.1 acre site and improvements at 4805 W. Jefferson St., in Phoenix, Arizona for $1,825,000 in an all-cash transaction.

Skanska has been active in heavy construction projects throughout the metro Phoenix marketplace for many years and will use the site as an equipment yard.

“We are pleased to have found this unique property that has the necessary components within a prime location for this prominent buyer,” said Vice President and co-agent for this transaction, Joe Holeva.

Skanska USA consists of four business units: Skanska USA Building, which specializes in building construction; Skanska USA Civil, specialized in civil infrastructure; Skanska Infrastructure Development North America, which develops public-private partnerships; and Skanska USA Commercial Development, which develops commercial projects in select U.S. markets. Headquartered in New York, Skanska USA has more than 10,000 employees and its 2014 revenues were SEK 43.5 billion.

The location of the heavily-zoned site is in close proximity to the I-10 and I-17 freeways, which made the site attractive to many users, a fact that was recognized by Accelerated Commercial Real Estate when marketing the property. CBRE represented the seller in the transaction.

About Accelerated Commercial Real Estate

Accelerated Commercial Real Estate is a premier provider of real estate sales and marketing services. By combining the art and science of sales and marketing with talent, expertise, and leading-edge technology, they deliver proven results for the most profitable disposition of real estate assets. ACRE has been involved in over 10 billion dollars of real estate transactions in the U.S. and abroad.

About Skanska

Skanska is a global leader of project development and construction groups with expertise in construction, development of commercial and residential projects, and public-private partnerships. Based on its international green experience, Skanska aims to be the clients’ first choice for green solutions. The Group currently has 60,000 employees in selected home markets in Europe and in the United States. Skanska’s total sales in 2014 totaled SEK 145 billion.

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