by admin

PHOENIX — Aslan Realty Partners III, a partnership led by California-based Transwestern, has purchased Anchor Centre, a two-building office complex located at 2201 and 2231 E. Camelback Rd. in Phoenix. 2201 Camelback Associates LLC, a partnership led by Denver-based Alliance Commercial Partners, sold the property for $96 million. Built in the early 1980s, the 333,265-square-foot property was 89 percent leased to a variety of tenants, including Starwood Hotels, Northwestern Mutual, JP Morgan Chase Bank and Ruth’s Chris Steakhouse, at the time of acquisition. Chris Toci, Ted Harrison, Larry Downey and Jerry Jacobs of Cushman & Wakefield brokered the transaction.

You may also like