14631-N-Scottsdale-Rd-Scottsdale-AZ

Bell Bank Acquires 37,495 SF Office Property in Scottsdale, Arizona

by Amy Works

SCOTTSDALE, ARIZ. — Bell Bank has purchased a 37,495-square-foot office building at 14631 N. Scottsdale Road in Scottsdale. A private seller sold the asset for $10.3 million. Situated on 112,000 square feet of land, the property is currently 84.5 percent leased. Bell Bank intends to occupy the building and expand its footprint over time as space becomes available. Geoffrey Turbow of CBRE, in collaboration with Shay Bolton and Kirill Azovtsev of Savills, represented the seller in the deal.

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