Parallel Capital Partners Acquires Class A Phoenix Tower for $93.75 Million

Expanding its Phoenix area footprint, San Diego-based Parallel Capital Partners announced today it has acquired One North Central – a 20-story, trophy office building in downtown Phoenix – for $93.75 million. The 410,000-square-foot Class A, LEED Silver, Energy Star-rated tower was acquired from One North Central LLC. Eastdil Secured represented the seller and Parallel represented…