REBusinessOnline

SINGLE-TENANT OFFICE BUILDING SELLS FOR $22.15 MILLION

PHOENIX — Torrance, Calif.-based SC Enterprises has purchased The Art Institute of Phoenix, a four-story building located at 2233 W. Dunlap Ave. in Phoenix, for $22.15 million. Built in 1998, the 92,103-square-foot building is 100 percent occupied by The Art Institute of Phoenix, a subsidiary of Pittsburgh-based Educational Management Corp. Barry Gabel, Mindy Korth and Mark Dancer of CB Richard Ellis’ Phoenix office represented the seller, Lakewood, Colo.-based 2233 Dunlap Associates, in the transaction.

Content Partners
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