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James Philip Henry Lee Acquires Office Property In Gilbert From MAPFRE Insurance For $10.58M

Property Image
SOLD
$10,580,000

Arizona

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Office58,194 SF
Sold 07/26/2023
the dealdetailscomps
Property Image
SOLD

James Philip Henry Lee Acquires Office Property In Gilbert From MAPFRE Insurance For $10.58M

1555 North Fiesta Boulevard Gilbert, Arizona 85233, USA

See Similar Deals
Office58,194 SF
Sold 07/26/2023
the dealdetailscomps

Summary

ARIZONA
Asset Type:Office
Price Per Square Foot:$181
Total Square Footage:58,194 SF
Transaction Type:Sale

An office property located at 1555 N. Fiesta Blvd in Gilbert, Arizona, was recently purchased for $10.58 million. The buyer of the property is James Philip Henry Lee, while the seller is a MAPFRE Insurance-linked entity. The transaction took place on July 26th, 2023. The office property spans across 9.06 acres and has a total area of 58,194 square feet. The price per square foot is $182.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $10,580,000
  • Address: 1555 N. Fiesta Blvd, Gilbert, AZ
  • Market: Gilbert, AZ
  • Buyer: James Philip Henry Lee
  • Seller: MAPFRE Insurance
  • Acres: 9.06
  • Square Feet: 58,194
  • Price per Square Foot: $182

The acquisition of the office property at 1555 N. Fiesta Blvd in Gilbert for $10.58 million was made by James Philip Henry Lee. He is connected to an entity that executed the transaction with a MAPFRE Insurance-linked entity. The sale, which occurred on July 26th, represents a significant real estate deal in the Gilbert market.

Players

MI
MAPFRE Insurance
SELLER

Details

SOLD
IMAGE: 07/26/2023 ADDRESS: 1555 N Fiesta Blvd MARKET: Gilbert, AZ ASSET TYPE: Office ~ ACRES: 9.06 BUYER: James Philip Henry Lee SELLER: MAPFRE Insurance SALE PRICE: $10,580,000 SF: 58,194 ~ PPSF: $182 NOTE: An office property at 1555 N. Fiesta Blvd. in Gilbert was acquired for $10.58 million by an entity connected to James Philip Henry Lee from a MAPFRE Insurance-linked entity on July 26.

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