News

Press, Closings, and Market Updates

Original transaction announcements, selected media coverage, and market commentary from the Sheehan | Schumacher Industrial Team.

878 W Illini St Sells for $2.975M in South Phoenix Industrial-Yard Investment
ClosingMay 30, 2026

878 W Illini St Sells for $2.975M in South Phoenix Industrial-Yard Investment

The transaction was brokered by the Sheehan | Schumacher Industrial Team at Rein & Grossoehme Commercial Real Estate (RGCRE), which provided industrial landlord representation on the deal. The team…

West Phoenix Industrial-Yard Property at 3214 W Durango St Leased
ClosingMay 29, 2026

West Phoenix Industrial-Yard Property at 3214 W Durango St Leased

The team's Patrick Sheehan and Max Schumacher, SIOR provided landlord representation in the transaction, marketing and leasing the property on behalf of the ownership.

Sheehan | Schumacher Leases Grand Avenue Yard Property at 5340 W Luke Ave
ClosingMay 29, 2026

Sheehan | Schumacher Leases Grand Avenue Yard Property at 5340 W Luke Ave

The lease adds to a growing body of evidence that IOS properties — industrial assets featuring significant yard and outdoor storage components — remain among the most sought-after and supply-constr…

9801 N 19th Ave Sells for $4.15M in North Black Canyon Industrial-Yard Deal
ClosingApril 2, 2026

9801 N 19th Ave Sells for $4.15M in North Black Canyon Industrial-Yard Deal

The transaction was brokered by the Sheehan | Schumacher Industrial Team at Rein & Grossoehme Commercial Real Estate (RGCRE), which provided landlord representation in the sale. The team, led by Pa…

Investor Buys Southwest Phoenix Yard Property at 1702 S 19th Ave for $2.15M
ClosingMarch 5, 2026

Investor Buys Southwest Phoenix Yard Property at 1702 S 19th Ave for $2.15M

The transaction was brokered by the Sheehan | Schumacher Industrial Team at Rein & Grossoehme Commercial Real Estate (RGCRE), with Patrick Sheehan and Max Schumacher, SIOR, handling landlord repres…

Sheehan | Schumacher Completes Industrial Lease at 1325 E Elwood in Central Phoenix
ClosingMarch 1, 2026

Sheehan | Schumacher Completes Industrial Lease at 1325 E Elwood in Central Phoenix

Max Schumacher, SIOR, and Patrick Sheehan represented the landlord in the transaction, reinforcing the team's position as leading specialists in industrial landlord representation throughout the Ph…

50,000 SF Glendale Yard Facility at 7701 N 67th Ave Leased
ClosingMarch 1, 2026

50,000 SF Glendale Yard Facility at 7701 N 67th Ave Leased

Max Schumacher, SIOR, and Patrick Sheehan of Rein & Grossoehme Commercial Real Estate represented the landlord in the transaction.

Peoria Yard Property at 8607 N 77th Dr Sells for $1.5M on Grand Avenue
ClosingFebruary 26, 2026

Peoria Yard Property at 8607 N 77th Dr Sells for $1.5M on Grand Avenue

The transaction was brokered by the Sheehan | Schumacher Industrial Team at Rein & Grossoehme Commercial Real Estate (RGCRE), with Max Schumacher, SIOR, and Patrick Sheehan providing landlord repre…

Mesa Industrial-Yard Property at 240 S Country Club Dr Sells for $2.6M
ClosingJanuary 15, 2026

Mesa Industrial-Yard Property at 240 S Country Club Dr Sells for $2.6M

The sale closed on January 15, 2026, and adds another institutional-quality data point to the Phoenix IOS market, a segment that continues to attract capital due to chronic supply constraints and r…

4714 N 43rd Ave Yard Property Leased in Grand Avenue Submarket
ClosingJanuary 1, 2026

4714 N 43rd Ave Yard Property Leased in Grand Avenue Submarket

Max Schumacher, SIOR, and Patrick Sheehan of RGCRE represented the landlord in the lease transaction.

Owner-User Acquires 30 N 56th St Near Sky Harbor for $6.5M
ClosingJanuary 1, 2026

Owner-User Acquires 30 N 56th St Near Sky Harbor for $6.5M

The Sheehan | Schumacher Industrial Team at Rein & Grossoehme Commercial Real Estate (RGCRE), led by Patrick Sheehan and Max Schumacher, SIOR, represented the landlord in the transaction.

2923 W Weldon Ave Trades for $4.4M in West Phoenix Industrial Sale
ClosingDecember 17, 2025

2923 W Weldon Ave Trades for $4.4M in West Phoenix Industrial Sale

The Sheehan | Schumacher Industrial Team at Rein & Grossoehme Commercial Real Estate (RGCRE), led by Patrick Sheehan and Max Schumacher, SIOR, represented the landlord in the transaction.

Sheehan | Schumacher Closes $10.3M Class A Industrial Sale in Surprise
ClosingNovember 21, 2025

Sheehan | Schumacher Closes $10.3M Class A Industrial Sale in Surprise

The sale of 13359 W Willow Ave represents a significant data point for Class A industrial valuations in the Surprise submarket and the broader West Valley. At $235.51 per square foot, the transacti…

Glendale Manufacturing Facility at 5818-5830 W Maryland Ave Sells for $4.47M
ClosingNovember 14, 2025

Glendale Manufacturing Facility at 5818-5830 W Maryland Ave Sells for $4.47M

The transaction was brokered by the Sheehan | Schumacher Industrial Team — Patrick Sheehan and Max Schumacher, SIOR — who specialize in industrial landlord representation across the Phoenix metropo…

1600 S Central Ave Trades for $4.65M in South Phoenix Infill Sale
ClosingOctober 8, 2025

1600 S Central Ave Trades for $4.65M in South Phoenix Infill Sale

The Sheehan | Schumacher Industrial Team at Rein & Grossoehme Commercial Real Estate — led by Patrick Sheehan and Max Schumacher, SIOR — provided landlord representation in the transaction.

Sheehan | Schumacher Leases Industrial-Yard Asset at 1701 E Elwood St Near Sky Harbor
ClosingOctober 1, 2025

Sheehan | Schumacher Leases Industrial-Yard Asset at 1701 E Elwood St Near Sky Harbor

Max Schumacher, SIOR, and Patrick Sheehan represented the landlord in the transaction, continuing the team's focused landlord representation strategy across the Phoenix industrial market.

4035 E Magnolia St Sells for $1.6M Near Sky Harbor
ClosingSeptember 8, 2025

4035 E Magnolia St Sells for $1.6M Near Sky Harbor

The Sheehan | Schumacher Industrial Team — Patrick Sheehan and Max Schumacher, SIOR — represented the landlord in the transaction, providing industrial landlord representation through the dispositi…

Industrial-Yard Lease Completed at 1812 E Watkins St Near Sky Harbor
ClosingSeptember 1, 2025

Industrial-Yard Lease Completed at 1812 E Watkins St Near Sky Harbor

Max Schumacher, SIOR, and Patrick Sheehan represented the landlord in the transaction, adding another IOS lease completion to the team's extensive portfolio of industrial landlord representation en…

4132-4140 E Winslow Ave Trades for $3.125M in Southeast Phoenix Industrial Sale
ClosingAugust 20, 2025

4132-4140 E Winslow Ave Trades for $3.125M in Southeast Phoenix Industrial Sale

The Sheehan | Schumacher Industrial Team at Rein & Grossoehme Commercial Real Estate (RGCRE), led by Patrick Sheehan and Max Schumacher, SIOR, provided landlord representation in the transaction.

Closing
ClosingAugust 19, 2025

Glendale Yard Property at 6610 W Orangewood Ave Sells for $1.085M (~$28/Land SF)

The Sheehan | Schumacher Industrial Team at Rein & Grossoehme Commercial Real Estate (RGCRE) — led by Patrick Sheehan and Max Schumacher, SIOR — provided landlord representation in the transaction.

Southwest Phoenix Yard Property at 2724 W Buckeye Rd Sells for $1.4M
ClosingAugust 13, 2025

Southwest Phoenix Yard Property at 2724 W Buckeye Rd Sells for $1.4M

The 3,259-square-foot industrial building sits on 2.27 acres of land in the Southwest submarket north of Buckeye Road — a corridor that has attracted growing attention from buyers seeking IOS-capab…