CBRE Negotiates Sale of Southbank Business Center in Phoenix; Buyer to Renovate and Reposition Asset for Market

CBRE has completed the sale of a Southbank Business Center located at 3279, 3401, 3411 and 3421 E. Harbour Dr. in Phoenix. Financial terms of the sale of the four-building, 108,285-square-foot industrial/flex property were not disclosed. Mike Parker and Evan Koplan with CBRE’s Phoenix office represented the buyer, Newport Beach, Calif.-based Turner Real Estate Investments.…