Daum Commercial Real Estate Services has negotiated the $1 million sale of a 5,600-square-foot office building located at 775 E. Covey Lane in Phoenix.
Carl Johnson with Daum Phoenix represented the seller. Menlo Group represented the buyer in the transaction.
The seller of the office building was Meco Real Estate Holdings, LLC of Windsor, Calif.
The buyer, ORP, LLC of Peoria bought the office space to relocate their headquarters.