MESA EXECUTIVE PARK TRADES HANDS FOR $7.25 MILLION

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MESA, ARIZ. — Scottsdale, Ariz.-based Wilson Property Services Inc. has purchased Mesa Executive Park, an 80,067-square-foot office complex in Mesa, for $7.25 million. Located at 1255 W. Baseline Rd., the park consists of four two-story buildings interconnected by elevated walkways and lush interior courtyard landscaping. At the time of acquisition, the property, which was built in 1982, was 61 percent leased to a variety of tenants, including Kimley-Horn & Associates, Maricopa County Environmental Services and Southwest Behavioral Health Services. Bob Young, Steve Brabant, Glenn Smigiel and Rick Abraham of CB Richard Ellis’ Phoenix office represented the seller, Newport Beach, Calif.-based KBS Realty Advisors, in the transaction.

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