CBRE BROKERS $13.97 MILLION SALE OF 89,214-SQUARE-FOOT OFFICE BUILDING

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PHOENIX — Phoenix-based Miamar Investments L.P. has purchased Country Club Manor, an 89,214-square-foot office complex located at 1221 and 1313 E. Osborn Rd. in Phoenix. Laguna Hills, Calif.-based Muller-County Club LLC (The Muller Company) sold the property for $13.97 million. Built in 1987, the property consists of two one- and two-story buildings. At the time of acquisition, the property was 100 percent occupied. Barry Gabel, Mindy Korth, Mark Dancer, Ken White and Rob Hannan of CB Richard Ellis (CBRE) represented the seller in the transaction. Financing for the transaction was arranged by Rocco Mandela and Brad Miner of the Phoenix office of CBRE|Melody, CBRE’s debt and equity financing service.

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