North Scottsdale Office Building Sells For $5.18M to Private Investor

PHOENIX - Dec. 1, 2014 - PRLog -- A 30,120 SF office building at 6910 E. Chauncey Ln., in the North Scottsdale Corporate Center in Scottsdale sold for $5,180,640 or $172.00 per SF. The transaction closed on November 19.

Lee & Associates principals Colton Trauter and Bill Blake represented the seller, CM & PM Acquisitions, LLC of Phoenix. The buyer, Garland’s Oak Creek Lodge, Inc. was represented by Francis Marotta of MarCor Commercial Real Estate of Scottsdale.

Built in 2006, the two-story building features high-end finishes, 4.6/1,000 parking, nearby amenities such as Whole Foods, Gordon Biersch and Lifetime Fitness. The property enjoys an excellent North Scottsdale location adjacent as is two blocks to the Loop 101 Freeway.

For more information:

Colton Trauter
602.474.9503
ctrauter@leearizona.com

Bill Blake
602.954.3761
bblake@leearizona.com

About Us:

Lee & Associates Arizona specializes in providing exceptional commercial brokerage services to the industrial, office, land and investment sectors of the Phoenix commercial real estate market. The Phoenix office was established in 1991 and is now recognized as one of the most successful brokerage firms in the state. Each of our nationwide Lee & Associates offices has a strong local ownership combined with a powerful platform from the national Lee & Associates network.