Southern California Buyer Acquires Scottsdale Executive Square Office For $4.8 Million With CBRE Representation

The property involved in this transaction is an office asset located at 13951 North Scottsdale Road in Scottsdale, AZ. The sale was executed at a price of $4,800,000 for a total square footage of 29,806, resulting in a price per square foot of $161. The asset was reported to be 98.1% leased to 19 office and medical tenants.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $4,800,000
• Sale Date: 02/07/2025
• Market: Scottsdale, AZ
• Square Footage: 29,806
• Price per Square Foot: $161
• Brokers: Geoffrey Turbow & Philip Wurth - CBRE

This transaction was facilitated by brokers Geoffrey Turbow and Philip Wurth of CBRE, who represented the interests of the seller in the sale of Scottsdale Executive Square. The buyer, a private entity based in Southern California, acquired the property from an undisclosed seller.