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PHOENIX – A 34,440-square-foot back-office building in Phoenix has sold to the Sharp Family Revocable Trust for $5.4 million. The building is located at 4832 E. McDowell Road. It is fully leased to LogisticCare Solutions, which holds a long-term, triple-net lease.
Erik Marsh and Goodall “Hook” McCullough of Newmark Grubb Knight Frank represented the trust. The seller, VWP McDowell LLC (ViaWest Group), was represented by Andy Bogardus, Steve Lindley, Bob Buckley and Tracy Cartledge of Cassidy Turley’s Capital Markets Group.