HINES BUYS 24TH AT CAMELBACK I IN PHOENIX

PHOENIX — Hines U.S. Office Value Added Venture III has purchased 24^th at Camelback I in Phoenix for an undisclosed sum. The 302,209-square-foot, Class A office tower is located in Phoenix’s Camelback Corridor submarket. The property also contains 27,209 square feet of ground-floor retail space.