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PHOENIX-Los Angeles-based BlackRidge Real Estate Group LLC has purchased its first Phoenix assets. The company has acquired a warehouse measuring 265,000 square feet at 844 N. 47th Ave. from Tempe-based Chamberlain Investments LLC for $9.7 million.

Unisource Worldwide occupies nearly 200,000 square feet in the building and the remaining space is available for lease. Sun State Builders constructed the structure in 1998. Phoenix-based Lee & Associates represented both the parties in the deal.For the full story, go to Phoenix Business Journal.


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