Buchanan Street Partners Sells Quattro for $43.5 Million

Cushman & Wakefield Negotiates Sale to Boston Investor

PHOENIX, ARIZ. – Cushman & Wakefield announced that Buchanan Street Partners of Newport Beach, Calif. sold Quattro, a multi-tenant office building located at 4310-4350 E. Cotton Center Blvd. in Phoenix. Boston-based Albany Road Real Estate Partners purchased the property for $43.5 million.

 multi-tenant office building

Tracy Cartledge, Bob Buckley and Steve Lindley of Cushman & Wakefield’s Phoenix office negotiated the transaction on behalf of the seller.

“With institutional-quality design and construction, a central Cotton Center location, and blue-chip tenancy, Quattro is arguably the finest flex office property in metro Phoenix,” said Buckley. “Exceptionally positioned by Buchanan Street, it should continue to be a high performing asset for Albany Road.”

Quattro is a 264,994-square-foot, flex office property located within the prestigious Cotton Center business park. Built in 2002, the property is 92.5% leased to a billion-dollar tenant roster including CVS Health, Freeport-McMoRan, Konica Minolta, Sodexo, and Xerox.

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.

Subscribe to our free eBlast to recieve the latest industry news right in your inbox! We’ll also keep you up to date on market trends and events.

Latest News

Stay up to date with our newsletter!

+ +