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Phoenix Flex Portfolio: Phoenix, AZ

Phoenix Flex Portfolio

Description: Three Net-Leased Single-Tenant Flex Buildings
Size: 140,717 square feet
Purchase Price: $18,102,000
Hold period: 19 months
Buyer: Bixby Land
Disposition Price: $24,000,000
Action taken: Successfully renewed the largest of the three (3) tenants to a long term lease at a substantial increase in rent over amount previously paid.
Investor IRR: 39.86%

Printable VersionPhoenix Flex Portfolio PDF