Dino Prato's Envita Medical Centers Acquire Scottsdale Office Building For $15.99M

CBRE facilitated the sale of McDowell Mountain Business Park II, a three-story Class A office building located at 16552 North 90th Street in North Scottsdale. The property spans 128,998 square feet and was sold for a total price of $15,990,000, resulting in a price per square foot of $124.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $15,990,000
• Address: 16552 North 90th Street, Scottsdale, AZ
• Market: Scottsdale, AZ
• Buyer: Dino Prato - Envita Medical Centers
• Seller: Peter M. Tubesing - Strategic Office Partners
• Buyer's Rep: Bob Kling - Lee & Associates
• Seller's Rep: Geoffrey Turbow - CBRE
• Square Footage: 128,998
• Price Per Square Foot: $124

The sale was orchestrated by CBRE, with Geoffrey Turbow from CBRE representing the seller, Peter M. Tubesing of Strategic Office Partners, and Bob Kling from Lee & Associates serving as the buyer's representative for Dino Prato of Envita Medical Centers. The transaction marked a significant deal in the Scottsdale office market.