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PHOENIX—In this week’s Deal-Tracker, Cassidy Turley announces the $7.4 million sale of Westwood Business Park, a Class B office development at 2222-2228 West Northern Avenue in the Northwest Phoenix Submarket. California-based LBK Trust III purchased the property from Nebraska-based MJA Holdings, LLC. Cassidy Turley executive managing director Eric Wichterman and senior vice president Mike Coover negotiated the transaction on behalf of the seller, while Edward Nelson of Marcus & Millichap represented the buyer. Built in 1981, Westwood Business Park is a 91,491 square foot office complex consisting of four two-story buildings on 5.4 acres. The property is located in the heart of North Central Phoenix west of 19th Avenue and Northern Avenue. The business park was 82% leased at the time of sale.

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