(PTK) People & Projects to Know in Commercial Real Estate - 2017

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[ BIG DEALS ]

INDUSTRIAL HIGHEST PRICE (PRICE PER SQUARE FOOT)

$370.67

T-Mobile Since 1997, the network data center has been 100 percent leased to T-Mobile. With redundant power feeds, this asset is located immediately adjacent to the “fiber highway” that runs along Interstate 10, and is minutes from Phoenix Sky Harbor International Airport, Downtown Phoenix and Downtown Tempe. It was sold to a Florida-based real estate investment trust for nearly $371 per foot by Scottsdale-based El Dorado Holdings. 36

PEOPLE AND PROJECTS TO KNOW 2017

LOCATION 2601 W. Broadway Rd., Tempe VALUE $16.4M SIZE 44,244 SF BUYER Carter Validus Mission Critical REIT II, Inc.

SELLER El Dorado Holdings SALE January 26, 2017 LISTING BROKERS Mindy Korth and Kirk Kuller, Colliers International Mindy Korth

Kirk Kuller


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