The Edward Jones purchase at 8333 S. River Parkway neighbors a Motorola-controlled data center.

The four-year-old building, built by Motorola, was on the market two months before Edward Jones inked its purchase option, William Blake, founding principal of Lee & Associates Arizona, tells GlobeSt.com. The new owner is familiar with the property, having leased classroom space periodically from Motorola.

Blake and Lee & Associates' Craig Coppola represented Motorola in the sale. Mike Haenel and Larry Downey, both of Grubb & Ellis Co.'s Phoenix office, negotiated on behalf of Edward Jones.

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