PRH XXXXV LLC Acquires 116,858 SF Office Building In Phoenix For $10 Million

The sale involved a Class A office building located at 4645 East Cotton Center Boulevard, Phoenix, AZ. The transaction amount was $10,000,000 for a total of 116,858 square feet, translating to a price per square foot of $86.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $10,000,000
• Address: 4645 East Cotton Center Boulevard
• Market: Phoenix, AZ
• Square Footage: 116,858
• Price Per Square Foot: $86
• Buyer: PRH XXXXV LLC
• Broker Representation: Christopher "Chris" Toci, Eric Wichterman & Mike Coover - Cushman & Wakefield

Cushman & Wakefield facilitated this transaction involving PRH XXXXV LLC, which plans to occupy part of the office space while leasing 23% of the property to existing tenants. The prominent entities involved highlight the comprehensive nature of commercial real estate dealings. Legacy Capital Services and Shield Legal are among the future occupants of the space.