Phoenix-based Artemis Realty, L&B Realty Advisors of Dallasand Phoenix-based Sun Chase Capital has joined forces to purchaseCamel Square, an 11-building office complex at the northwesterncorner of Camelback Road and 44th Street.

The 11 buildings in the complex have a total of 295,000 sf, andanother 110,000-sf building is planned for the site. The complexwas first developed in 1969.

The joint venture plans a major renovation of the complex.

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