December 31, 2014
Mack Management buys 10KSF office building in Scottsdale
Commercial Properties, Inc., Arizona’s largest locally owned commercial real estate brokerage, announced the sale of 8722 E. San Alberto Dr. in Scottsdale.
Ron Schooler, and Kenneth Elmer of CPI’s Scottsdale Office Investment Group represented the seller, K.B. San Alberto LLC. The buyer had no broker representation in this transaction.
The ±10,216 SF, class-B office building is located in Scottsdale, just north of Via de Ventura, and west of Pima Road in the Ranch Office Park subdivision.
The new owner/investment group, Mack Management, LLC purchased the fully leased property, which was valued at $1.8 million ($176.00 per foot) based on ±10,216 SF.