DPC Development Company Completes $6 Million Acquisition of Cotton Corporate Center III

DPC Development Company (DPC) recently completed the acquisition of Cotton Corporate Center III at 4720 E. Cotton Gin Loop in Phoenix, Ariz.  Cotton Corporate Center III is a Class “A” Silver LEED® Certified project located within the 280 acre master-planned Cotton Center business park. 

The property was purchased from Buchanan Street Partners a real estate investment firm (who recently purchased the Carlson Portfolio) for $6 million or $140 per-square-foot.  This is the third property purchased by DPC in the Valley.  Most recently DPC purchased the Biltmore Commerce Center, a Class “A” 260,000 square-foot office building at 3200 E. Camelback  Rd also in Phoenix and currently undergoing major interior renovations.  

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