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Lot 2 of the Discovery Business Campus, located west of the 101 and Elliot Road in Tempe, sold last week for $43.1 million to Watumull Enterprises of Hawaii. The sale was financed by a $30 million loan with Jefferies LoanCare.
This 237,000 square foot industrial flex building was built last year on 16.5 acres, with an additional 91,000 square feet to be added in Phase 2 at a later date.
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