3333_E_Camelback-Bldg

Colliers International Closes 92,200 SF, $12M Office Building Sale in Phoenix

Colliers International in Greater Phoenix recently negotiated the sale of a 92,233 square-foot Class-A office building located at 3333 E. Camelback Road in Phoenix for $12 million, or $130/square foot.

Fenway Properties of San Diego acquired the property. Fenway plans to upgrade the common areas and develop new, spec suites to accommodate tenants of various square footage requirements.

The seller was Noffsinger Manufacturing Company of Greely, Colo.

Todd Noel, senior vice president; Keith Lambeth, senior vice president; and Ryan Timpani, senior associate; served as the Colliers International in Greater Phoenix brokers for both parties.

“The office building represents a strong investment for Fenway due to the building’s strategic location within the prestigious Camelback Corridor submarket, quality construction and timeless finishes,” Noel said.

Built in 1984, the two-story building comprises multiple suites ranging from 1,214 to 17,930 square feet.

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Amanda Ventura

About Amanda Ventura

Amanda Ventura is an editor, award-winning writer and pop culture enthusiast. When she's not up against deadlines, she is exploring Arizona, trying recipes that require every dish in her kitchen be used, collecting 5K swag bags and race numbers and volunteering at a local animal shelter. Her bookshelf is full of autobiographies and her desk is covered in Sticky Notes. She dislikes the Oxford comma and still cannot believe she gets to meet and write about interesting people for a living.