CBRE SELLS TWO PHOENIX OFFICE BUILDINGS FOR $5.85M

by admin

PHOENIX — CB Richard Ellis has sold two low-rise office buildings in Phoenix for $5.85 million. The first is a four-story, 154,016-square-foot building located at 18444 N. 25th Ave. The multi-tenant building is 36 percent occupied. The second is a 5,070-square-foot office building that is located at 18456 N. 25th Ave. CBRE's Barry Gabel, Mindy Korth, Bob Young, Glenn Smigiel, Steve Brabant, Rick Abraham, Ashley Brooks and Jim Bayless represented the seller, Trisail Funding, which had acquired the property through foreclosure. The buyer was Phoenix North 25th Avenue LLC.

You may also like