CBRE Completes $5.6 Million Sale of Historic Office Building

PHOENIX, ARIZ.    CBRE has arranged the sale of One MacDonald Center, a 59,843-square-foot, five-story historic office property located at the northeast corner of Main Street and MacDonald Drive in downtown Mesa, Arizona. The property, which was 81 percent leased at time of sale, commanded a sale price of $5.6 million.

Barry Gabel, Chris Marchildon and Will Mast with CBRE Capital Markets, Institutional Properties in Phoenix, represented the seller, Omninet Capital, LLC of Beverly Hills, California. The buyer was Robert Bisetti, an individual Phoenix-based investor.

“We are excited to be involved, along with many other real estate companies, in the beginning stages of the transformation of downtown Mesa,” said Robert Bisetti.

Located in a central downtown Mesa location, One MacDonald Center is situated amongst numerous retail and restaurant amenities, hotels, City of Mesa municipal buildings, museums and the Mesa Arts Center, and is walking distance of two Valley METRO Light Rail stops.

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