Daily limit: 0/10
Koelbel & Co Acquires Camelback Collective Office In Phoenix From Humphreys Capital For $48.25M
SOLD
$48,250,000
+ 2
Arizona
See Similar DealsOffice
Sold 06/30/2025
SOLD
Koelbel & Co Acquires Camelback Collective Office In Phoenix From Humphreys Capital For $48.25M
2801 East Camelback Road
See Similar DealsOffice
Sold 06/30/2025
+ 2
Summary
ARIZONA
Asset Type:Office
Transaction Type:Sale
The property asset involved in this transaction is located at 2801 East Camelback Road in Phoenix, AZ. It is categorized as an office asset and was sold for $48,250,000. This acquisition marks a significant addition to the local real estate landscape.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $48,250,000
- Buyer: Koelbel & Co
- Seller: Humphreys Capital
- Brokers: Will Mast, Ben Geelan, Charlie von Arentschildt, Jack Miler & Gigi Martin - JLL
This transaction is noted as Koelbel & Co.'s debut in the Phoenix market, highlighted by the acquisition of Camelback Collective, which has been recorded as the Valley’s largest office sale to date in 2025.
Players
BROKERAGE
BUYER
SELLER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$2,573,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$171,422.07
Cash-on-Cash Return-1.27%
Monthly Debt Service$228,729.62
Annual Debt Service$2,744,755.39
Is there something missing? Send suggestions