Paul Fuhrman Of Miramar Capital Acquires Mixed-use Property In Scottsdale For $79.5M
9175 East Pima Center Parkway
$79,500,000
$251/SF
Building Size
316,585 SF
Asset Type
Mixed-use
Closing
Jul 24, 2026
AI
A mixed-use property asset was sold for $79.5 million, located at 9175 East Pima Center Parkway in Scottsdale, Arizona. The asset has a total area of 316,585 square feet, with a price per square foot of $251. The property comprises warehouse, office, and conference space and was completed in 2017.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $79,500,000
- Buyer: Paul Fuhrman - Miramar Capital
- Seller: Marty Farnsworth & Mills Brown - MainSpring Capital Group
- Broker: Kidder Mathews
- Financing Amount: $47,700,000
The acquisition involved Paul Fuhrman representing Miramar Capital, while Marty Farnsworth and Mills Brown represented MainSpring Capital Group in the transaction. The financing for this deal was provided by JPMorgan.
Players
Sullivan Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.20%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93