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

Property Image
SOLD
$16,800,000
Mike Coover
Eric Wichterman
Steve Julius
+ 2

Arizona

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Office78,693 SF
Sold 12/20/2021
the dealplayerscompscontact
Property Image
SOLD

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

1721 W Greentree Dr, Tempe, Arizona 85284, United States

See Similar Deals
Office78,693 SF
Sold 12/20/2021
Mike Coover
Eric Wichterman
Steve Julius
+ 2
the dealplayerscompscontact
Contact now

Summary

ARIZONA
Asset Type:Office
Price Per Square Foot:$213
Total Square Footage:78,693 SF
Transaction Type:Sale

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.

Players

Jesse Goldsmith
Newmark
Jesse Goldsmith
11 deals$127.4M volume
BROKER
Steve Julius
Newmark
Steve Julius
13 deals$178.9M volume
BROKER
Chase Dorsett
Newmark
Chase Dorsett
13 deals$136.4M volume
BROKER
Eric Wichterman
Cushman & Wakefield
Eric Wichterman
25 deals$462.3M volume
BROKER
Mike Coover
Cushman & Wakefield
Mike Coover
24 deals$431.1M volume
BROKER

Details

SOLD
IMAGE: Steve Julius, Eric Wichterman, Jesse Goldsmith, Mike Coover & Chase Dorsett DATE: 12/20/2021 ADDRESS: 1721, 1725 and 1729 Greentree Drive MARKET: Tempe, Arizona ASSET TYPE: Office BUYER: White Mountain Investment Management, LLC SELLER: DIG Agave Center, LLC BUYER'S REP: Steve Julius, Jesse Goldsmith & Chase Dorsett - Newmark SELLER'S REP: Eric Wichterman & Mike Coover - Cushman & Wakefield SALE PRICE: $16,800,000 SF: 78,693 ~ PPSF: $213

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