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October 04, 2017

Granite and Marble Depot purchases industrial building in Tempe for $2,200,000

Phoenix, Ariz. (October 4, 2017) - Walia Properties dba Granite and Marble Depot, a custom countertop and kitchen design company based in Boston, Massachusetts, has purchased a 19,615 square foot freestanding industrial building located at 695 West Elliot Road in Tempe, Arizona from RRS Capital Advisors, a local investment group, for $2,200,000. Kidder Mathews commercial real estate brokers, Aric Adams, Mike Kasulaitis, and Darren Tappen represented both parties in the transaction.

"This property, with its existing upscale showroom, is a perfect fit for the buyer, who is a sales and distribution company," said Adams. "The visibility and frontage on Elliot Road, along with the close freeway access will be a huge plus for their walk-in customers," he said.

Granite and Marble Depot plans to open at their new location in early November 2017.

About Kidder Mathews
Kidder Mathews is the largest independently owned commercial real estate firm on the West Coast, with nearly 800 real estate professionals and staff in 20 offices in Washington, Oregon, California, Nevada, and Arizona. Kidder Mathews offers a complete range of brokerage, appraisal, property management, consulting, project & construction management, and debt & equity finance services for all property types. The firm performs $5.6 billion in transactions, manages over 48 million square feet of space, and conducts 1,300 appraisals annually. For more information, visit kiddermathews.com.

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