Colliers International in Greater Phoenix recently completed the sale of an office building in Chandler for $730,000, or $81.29 a square foot, to a non-profit that supports foster children.
Aid to Adoption of Special Kids (AASK) of Phoenix purchased the building, located at 175 E. Corporate Place, from TMS Properties, LLC, of Phoenix.
Kathy Foster, senior vice president, and Lindsey Carlson, vice president, both of Colliers International, represented the buyer. Tim Tapia of the Upland Group was the seller’s broker.
Built in 2004, the 8,980-square-foot building provides AASK with its first East Valley location. The organization has existing offices in Phoenix and Peoria. AASK promotes positive and stable relationships for Arizona’s foster children by recruiting, training and supporting foster families, adoptive families and adult mentors.
After completing the transaction and wanting to further support the organization’s mission, Foster and Carlson created “Team AASK” to raise donations. Foster also serves on the organization’s Board of Directors.
Through Team AASK, metro Phoenix businesses donated more than $50,000 in time, services and materials to build out the space, providing items such as donated furniture and discounted flooring. Foster and Carlson also donated a portion of their sales commission.
“We found companies eager to support efforts to aid an unprecedented number of children in Arizona foster care. The donations enable AASK to continue non-state funded activities such as the Mentoring Program, Sibling Camp and Todos Los Ninos. We couldn’t have done it without Team AASK,” Foster said.
Team AASK members include Colliers International in Greater Phoenix, Grand Canyon Title Agency Inc., ReSource Flooring, Blood Systems, Interior Solutions, McCarthy Nordburg, Wespac Construction Inc., Gust Rosenfeld P.L.C., Engelman and Berger PC and Arizona Business Bank.
“We are grateful for the opportunity to advance AASK’s mission and help connect foster children with caring adults,” Carlson said.
Ron Adelson, CEO of AASK, said because of the team’s backing, hundreds of children will have the chance to succeed.
“Kathy Foster and Lindsey Carlson have gone out of their way to support AASK’s mission. After guiding us through the purchase of our East Valley location, they led the effort to raise funds, allowing us to continue essential programs that support foster children and recruit additional families.”
Foster and Carlson are part of the top-producing Office Properties Solutions Group with Colliers International.