Friday, November 20, 2015

Paradise Valley Corporate Center Conveys for over $37 Million

Area Map

The four-story Paradise Valley Corporate Center office complex sold Tuesday to an investment entity managed by Buchanan Street Partners. The sale totaled $37.4 million, or $188 per square foot. This was a cash-only transaction.

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This nearly 200,000 square foot office was built in 2002 near the southeast corner of Cactus Road and Tatum Boulevard. It includes a six-story parking structure with just under a thousand covered parking spaces.

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