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Strategic Office Partners Buys Two-Building Office Property in Tempe for $132M

2114-2116-S-Freedom-Way-Tempe-AZ

Freedom Financial Network occupies the two-building, 300,000-square-foot office property at 2114 and 2116 S. Freedom Way in Tempe, Ariz.

TEMPE, ARIZ. — Strategic Office Partners has acquired a two-building office property located at 2114 and 2116 S. Freedom Way in Tempe. Boyer Co. sold the asset for $132 million.

Barry Gabel, Chris Marchildon and Will Mast of CBRE represented the seller. According to CBRE, the sale is the highest priced and largest office transaction year-to-date in 2021 within the region. Bryan Taute and Charlie von Arentschildt of CBRE served as leasing agents for the property, securing the current tenant on a long-term basis.

Totaling 300,000 square feet, the newly constructed buildings are situated within the 60-acre Rio2100 business park. The four-story office properties feature two parking structures, a commercial kitchen and 14- to 16-foot deck-to-deck ceiling heights.

Freedom Financial Network fully occupies the two buildings.

Content Partners
‣ Bohler
‣ Lee & Associates
‣ NAI Global
‣ Walker & Dunlop

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