ARTIS RECEIVES $43M ACQUISITION LOAN FOR MAX AT KIERLAND OFFICE BUILDING

SCOTTSDALE, ARIZ. – Artis, a Canadian-based REIT, has received a $43-million acquisition loan to finance the purchase of the MAX at Kierland office building in Scottsdale.The 258,312-square-foot, Class A building was constructed in 2008. It is Shell and Core LEED-certified and received a 100% Energy Star designation. Artis worked with U.S. Bank to secure the financing