Daum Commercial Real Estate Services has negotiated the $1 million sale of a 5,600-square-foot office building located at 775 E. Covey Lane in Phoenix.

Carl Johnson with Daum Phoenix represented the seller while Menlo Group represented the buyer in the transaction. The seller of the Phoenix office building was Meco Real Estate Holdings, LLC of Windsor, Calif. ORP, LLC of Peoria was the buyer and bought the office space to relocate their headquarters.