Lee & Associates brokers sale of Phoenix office for $9.75M

PHOENIX, ARIZ.  –  A 92,315-square-foot, four-story office building located at 2910 N. 44th Street, Phoenix sold for $9.75 million on August 3. Lee & Associates Arizona Principals Bill Blake and Colton Trauter represented the buyer, Tessenderlo Kerley, Inc. The seller, State of Arizona, was assisted by Chris Corney and Pat Williams of JLL.

Tessenderlo Kerley, Inc., a leading manufacturer of process chemicals, acquired the property to serve as its U.S. headquarters. Current plans for the building include renovating the first three floors in efforts to occupy the space by summer 2019. Originally built in 1988, the office property served as a headquarters for a savings and loan company.

For more information on the property, visit www.leearizona.com, or contact Blake at (602) 954-3761 or Trauter at (602) 474-9503.


About Lee & Associates Arizona
Lee & Associates specializes in providing exceptional commercial brokerage services to the retail, industrial, office, land and investment sectors of the Phoenix commercial real estate market. Each of the nationwide Lee & Associates offices has a strong local ownership combined with a powerful platform from the national Lee & Associates network. For more information, visit www.lee-associates.com.

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