The San Francisco-based Schwab paid $2 million for the land,which abuts its 300,000-sf complex in the 300-acre park at 48thStreet near Baseline Road, Rick Lee, principal of Lee &Associates Arizona, tells GlobeSt.com. And, MDF Pharma Services putup $4.5 million for the mid-1980s building and land, part of Gore'soriginal contribution to the business park.

The sales culminate 1 1/2 years of selling Gore's Phoenixholdings. The manufacturer's large Flagstaff facility made thePhoenix holdings nothing more than surplus, Lee explains.

Throughout this year, Schwab has cut back in many parts of thecountry including Austin, TX. It's undoubtedly the strategicpositioning adjacent to the Schwab campus, developed in 1995, thatkept the Phoenix deal alive. Lee says the teams have spent the pastyear at the bargaining table. Lady Luck and careful planning gotboth sales closed on the same day.