ORION Facilitates Owner/User Sale in South Scottsdale
December 5, 2017 | Scottsdale, AZ
SCOTTSDALE – ORION Investment Real Estate recently negotiated the owner/user office building sale, located at 8101 East McDowell Road in Scottsdale, for $2,200,000 ($127/SF). It consists of approximately 18,000 square feet of office and warehouse space with three roll-up doors, situated in an excellent central location with easy access to the Loop-101, Loop-202, Scottsdale Road and Hayden Road. The property is located just east of the southeast corner of McDowell and Hayden Roads, in the bustling McDowell Road Corridor.
Nick Miner, CCIM, and Judi Butterworth of ORION Investment Real Estate facilitated the owner/user sale. Miner said, “This was a win-win transaction. The Seller was able to downsize into the property under a lease back, while the Buyer was able to have a tenant occupy a small portion of the property, as they grow into the entire property.”
The Seller was Republic West Real Estate Holdings, LLC. The Buyer was Primos Development, LLC.
Republic West Building
8101 East McDowell Road
Scottsdale, Arizona 85257
Built in 2004
+/- 18,000 SF
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Owner/User Building in South Scottsdale Sells for $2.2 Million – Real Estate Daily News
ORION Facilitates Phoenix Office Property Sale – Commercial Property Executive Magazine
Orion Investment Real Estate Ends 2017 with $50M in December closings – Real Estate Daily News