California Firm Doles Out $53M for 10 Phoenix Properties

Source:  Business Journals

A Newport Beach, Calif. firm recently scooped up 10 metro Phoenix properties through a $52.6 million portfolio deal, according to a company statement. The portfolio, purchased by Buchanan Street Partners, was comprised of 446,000 square feet of both office and industrial space, with some retail. Minnetonka, Minn.-based Carlson Real Estate Co. was the seller. Eight of those buildings are situated within the Cotton Corporate Center, a master-planned business park near 48th Street and ...

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