CBRE BROKERS $8.1 MILLION SALE OF 30,000-SQUARE-FOOT OFFICE BUILDING

TEMPE, ARIZ. — Rancho Palos Verdes, Calif.-based Ireland Miller has acquired a 30,000-square-foot, single-tenant office building, which is located at 5005 S. Wendler Dr. in Tempe, for $8.1 million. The property was constructed in 2003 as a build-to-suit for its current tenant, ITT Technical Institute. John Glassmoyer of CB Richard Ellis’ Phoenix office represented the seller, Sitka, Alaska-based Shee Atika Holdings, in the transaction.