Private Investor Acquires Tempe Office Building For $13.9M | 8160 South Hardy Drive | Steve Lindley, Mike Coover, Eric Wichterman, Marcus Muirhead, Christopher Toci | Office | Sale

Summary

Sale

ARIZONA

Office

94,916 sqft

A private investor has purchased a 94,916-square-foot industrial/flex office building in Tempe, Arizona, from Lacera for $13.9 million. The property, located at 8160 S. Hardy Drive, offers an attractive investment opportunity in the Tempe market.

Summary of transaction details

Property Type: Office
Transaction Amount: $13,900,000
Square Footage: 94,916
Price per Square Foot: $146
Address: 8160 S. Hardy Drive, Tempe, AZ
Market: Tempe, AZ

The buyer, represented by Marcus Muirhead from Lee & Associates, recognized the value in this industrial/flex office building and pursued the acquisition. On the other hand, Christopher Toci, Eric Wichterman, Mike Coover, and Steve Lindley from Cushman & Wakefield represented the seller, Lacera, in this transaction.

Players

All
7

Agents
5
Agencies
2

$135.1M Sold

$272.5M Sold

Executive Managing Director

$303.7M Sold

$13.9M Sold

$13.9M Sold

Details

Deal Summary

SOLD

IMAGE: Christopher Toci, Eric Wichterman, Mike Coover & Steve Lindley DATE: 07/11/2023 ADDRESS: 8160 South Hardy Drive MARKET: Tempe, AZ ASSET TYPE: Office SELLER: Lacera BUYER'S REP: Marcus Muirhead - Lee & Associates SELLER'S REP: Christopher Toci, Eric Wichterman, Mike Coover & Steve Lindley - Cushman & Wakefield SALE PRICE: $13,900,000 SF: 94,916 ~ PPSF: $146 NOTE: A private investor has purchased a 94,916-square-foot industrial/flex office building in Tempe, Arizona, from Lacera for $13.9 million. The property is located at 8160 S. Hardy Drive.

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Address8160 South Hardy Drive

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