White Mountain Investment Management Acquires Office Buildings In Tempe, Arizona For $16.8M

The office property located at 1721, 1725, and 1729 Greentree Drive in Tempe, Arizona has been sold for a total price of $16,800,000. The property spans a total area of 78,693 square feet, resulting in a price per square foot of $213. The transaction took place on December 20, 2021.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $16,800,000
• Address: 1721, 1725, and 1729 Greentree Drive, Tempe, Arizona
• Market: Tempe, Arizona

The buyer of the property is White Mountain Investment Management, LLC, while the seller is DIG Agave Center, LLC. The buyer was represented by Steve Julius, Jesse Goldsmith, and Chase Dorsett from Newmark, while the seller was represented by Eric Wichterman and Mike Coover from Cushman & Wakefield.