Nike pays nearly $70 million to buy Goodyear industrial facility

BREW

In a deal BREW reported to be in the works in July, an affiliate of Nike Inc. of Beaverton, Ore. (NYSE:NKE) has paid $69,832,600 ($77.45 per foot) to purchase an industrial facility in Goodyear that is expected to have 500 employees in a new manufacturing operation.

The 901,700-square-foot industrial facility, located just south of Van Buren Street at 575 S. 143^rd Avenue, was developed and sold by a venture formed by Lincoln Property Co. (LPC) of Dallas, Tex. and Goldman Sachs Group Inc. of New York City, N.Y. (NYSE:GS).

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August 19, 2019

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Nike pays nearly $70 million to buy Goodyear industrial facility

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