Koelbel & Co Acquires Camelback Collective Office In Phoenix From Humphreys Capital For $48.25M

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.