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SOLD: Free-Standing Midtown Office Trades Hands

 

PHOENIX, AZ – ORION Investment Real Estate’s Nick Miner, CCIM and JT Taylor reports representing the seller of the office condo located in the Lexington Office Condo Association in Midtown Phoenix for $830,00.00, or $290-per-square-foot.

The property is one of three freestanding office buildings that are a part of the Lexington Office Condos just off of Central Avenue and Osborn Road. Midtown Phoenix is easily accessible via the Valley Metro light rail, which connects the area to downtown Phoenix, Phoenix Sky Harbor International Airport, and surrounding cities. The district is also walkable and bikeable, with many streets lined with bike lanes and sidewalks.

Nick Miner, CCIM, Senior Vice President at ORION commented, “The seller has been a longtime friend and has helped my clients with financing their commercial properties over the years. It was nice to be able to help him with his commercial property needs.” Seller has relocated to a new office building in the immediate area as part of their future expansion plans.

JT Taylor, Senior Vice President at ORION commented, “This property was in high demand because of its price point, location and being a free-standing building in a small office condo complex in Midtown.”

Seller, Keig Financial Corporation, Inc. was represented by Miner and Taylor of ORION Investment Real Estate.

Buyer, V2ST, LLC, was represented by Keri Davies of LevRose.

 

For more information, contact me!

 

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