SOLD
Silver Creek Development Acquires Office Property In Phoenix, AZ For $48.5M
25800 North Norterra Parkway
Office
144,800 SF
144,800 SF
Sold 1 year ago
Summary
Sale
ARIZONA
Office
144,800 sqft
The office property located at 25800 North Norterra Parkway in Phoenix, AZ has been sold for a total of $48,500,000. The transaction took place on November 12, 2021. The property spans 144,800 square feet, resulting in a price per square foot of $335. The sale involved the buyer, Silver Creek Development, represented by Charles Essig, and the seller, USAA Real Estate & Metro Commercial Properties Inc.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $48,500,000
- Address: 25800 North Norterra Parkway, Phoenix, AZ
- Market: Phoenix, AZ
The buyer, Silver Creek Development, was represented by Charles Essig. On the other hand, the seller was USAA Real Estate & Metro Commercial Properties Inc. The sale was facilitated by brokers Chris Toci and Chad Littell from Cushman & Wakefield.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Charles Essig, Chris Toci & Chad Littell
DATE: 11/12/2021
ADDRESS: 25800 North Norterra Parkway
MARKET: Phoenix, AZ
ASSET TYPE: Office
BUYER: Silver Creek Development - Charles Essig
SELLER: USAA Real Estate & Metro Commercial Properties Inc.
BROKERS: Chris Toci & Chad Littell - Cushman & Wakefield
SALE PRICE: $48,500,000
SF: 144,800 ~ PPSF: $335View on map
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Address25800 North Norterra Parkway
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