A joint venture between Janez Group and Pacific Coast Capital Partners has acquired Broadway Business Center, a 136,990-square-foot office park in Phoenix.
The value of the transaction was approximately $16.2 million.
Located on a 10.7-acre site, the Broadway Business Center was built in 1974 and renovated in 1999. Tenants at the fully leased flex-office park include the City of Phoenix and corporate headquarters for Leslie’s Poolmart Inc.
The Southern California-based investment companies purchased the two-building, multitenant property through an affiliate, PCCP CS JANEZ Broadway LLC. Colrich Broadway Investors sold the complex.
You have {{data.cm.viewsLeft}} articles left this month.
This content is available to Inman Select subscribers.
Please select an option below.
Please register to access this content.
To continue viewing the content you love, please sign in or create a new account
You have used all of your free pageviews.
Please subscribe to access more content.
Access denied!