Phoenix developer Red Development sold the nine-story Block 23 office building to a Canadian real estate investment trust for 150 million in U.S. dollars, the highest price paid so far this year for an office property in the Valley of the Sun.
Vancouver Firm Buys Downtown Phoenix Building
City Office REIT Buys Block 23 From Phoenix-Based Red Development
CoStar News
December 8, 2021 | 6:09 P.M.
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IN THIS ARTICLE
- Companies
- RED Development, LLC
Real Estate