October 27, 2014

AZRE

Canadian investor buys Gateway Office Center

Cassidy Turley announced the $3 million ($95.06/psf) sale of Gateway Office Center located at 4130 E. Van Buren Ave. in Phoenix. Garnett Capital Corporate from Victoria, British Columbia, purchased the ±31,557 square foot property from Brentwood Gateway Center (Victorville, CA.).

Cassidy Turley Executive Managing Director Eric Wichterman and Senior Vice Presidents Mike Coover and Gordon Raguse represented the seller.

Built in 1987, Gateway Office Center is a three-story multi-tenant office building located within the prestigious Phoenix Gateway Center Office Park and just west of the intersection of 44th Street and Van Buren and one mile north of Sky Harbor International Airport. The building’s location offers exceptional access with two major freeways, Loop 202 and State Route 143, and the Valley Metro Light Rail system all within one-half mile of the property. Gateway Office Center was fully leased at the time of sale.