Alturas Gainey Ranch Acquires Office Building In Scottsdale For $33M

Alturas Gainey Ranch has acquired the office property located at 7702 & 7600 E. Doubletree Ranch Road in Scottsdale, AZ. The property was sold by Gainey Ranch Town Properties Inc. for a total price of $33,000,000. The office space spans 126,516 square feet, resulting in a price per square foot of $261.

Summary of transation details

• Property Type: Office
• Transaction Amount: $33,000,000
• Property Address: 7702 & 7600 E. Doubletree Ranch Road, Scottsdale, AZ
• Market: Scottsdale, AZ

The buyer, Alturas Gainey Ranch, was represented by Eric Wichterman, Alexandra Loye, Mike Coover, and Steve Lindley from Cushman & Wakefield. On the other hand, the seller, Gainey Ranch Town Properties Inc, was represented by Ben Geelan, Will Mast, and Lynn Lachapelle from JLL.