|Scottsdale & Camelback Intersection (see site highlighted in red)|
On Tuesday Triyar Companies and Oaktree Capital Management paid $6 million for a 0.85 acre-parcel planned for a new office building. The “Shoeman Office Tower” will stand seven stories and total 207,000 square feet. The site is currently occupied by a ±18,276 SF office & retail building. Disregarding the improvements, the sales price reflects a $162 per unimproved square foot. The property is located just under 500 feet south of Scottsdale and Camelback Road's southeast corner in Old Town Scottsdale.
For more details including planning and zoning for the Shoeman Office Tower, buyer/seller contacts, and complete history visit us at www.vizzda.com or email us at email@example.com.