PHOENIX–In this edition of Deal-Tracker,Cassidy Turley announces the $7 million sale ofHartford Place, located at 8388 E. Hartford Dr. in Scottsdale.Locally based Hartford Exchange, LLC andReems & Greenway LLC purchased the66,800-square-foot property from Newport Beach-basedBuchanan Street Partners.

Cassidy Turley executive managing director EricWichterman and senior vice presidents MikeCoover and Michael Kitlica representedthe seller.

Hartford Place is a flex office/warehouse property located inthe Perimeter Center Business Park, north of the Loop 101 and FrankLloyd Wright Boulevard. Built in 2000, the building can efficientlyaccommodate single- or multi-tenant occupancy. At the time of sale,the property included approximately 19% office space with theremainder warehouse. The new owners are renovating the property foroffice use and have announced that 50% of the building will beoccupied by HomeSmart.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.