White Mountain Investment Management Acquires Office Buildings In Tempe, Arizona For $16.8M | 1721, 1725 & 1729 Greentree Drive | Mike Coover, Eric Wichterman, Steve Julius, Jesse Goldsmith, Chase Dorsett | Office | Sale

Summary

Sale

ARIZONA

Office

78,693 sqft

The office property located at 1721, 1725, and 1729 Greentree Drive in Tempe, Arizona has been sold for a total price of $16,800,000. The property spans a total area of 78,693 square feet, resulting in a price per square foot of $213. The transaction took place on December 20, 2021.

Summary of transaction details:

Property Type: Office
Transaction Amount: $16,800,000
Address: 1721, 1725, and 1729 Greentree Drive, Tempe, Arizona
Market: Tempe, Arizona

The buyer of the property is White Mountain Investment Management, LLC, while the seller is DIG Agave Center, LLC. The buyer was represented by Steve Julius, Jesse Goldsmith, and Chase Dorsett from Newmark, while the seller was represented by Eric Wichterman and Mike Coover from Cushman & Wakefield.

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Players

All
7

Agents
5
Agencies
2

Mike Coover

Managing Director

$272.5M Sold

Eric Wichterman

Executive Managing Director

$303.7M Sold

Steve Julius

Senior Managing Director

$117.1M Sold

Jesse Goldsmith

Senior Managing Director

$117.1M Sold

Chase Dorsett

Associate Director

$117.1M Sold

Details

Deal Summary

SOLD

IMAGE: Steve Julius, Eric Wichterman, Jesse Goldsmith, Mike Coover & Chase Dorsett DATE: 12/20/2021 ADDRESS: 1721, 1725 and 1729 Greentree Drive MARKET: Tempe, Arizona ASSET TYPE: Office BUYER: White Mountain Investment Management, LLC SELLER: DIG Agave Center, LLC BUYER'S REP: Steve Julius, Jesse Goldsmith & Chase Dorsett - Newmark SELLER'S REP: Eric Wichterman & Mike Coover - Cushman & Wakefield SALE PRICE: $16,800,000 SF: 78,693 ~ PPSF: $213

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Address1721, 1725 & 1729 Greentree Drive

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