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Investor Buys Stake in Phoenix’s Second-Tallest Tower

Deal Marks Investment Firm’s First Foray Into the Market
A joint venture has acquired downtown Phoenix's U.S. Bank Center office tower with plans to renovate it. (CoStar)
A joint venture has acquired downtown Phoenix's U.S. Bank Center office tower with plans to renovate it. (CoStar)
By Clare Kennedy
CoStar News
August 28, 2019 | 12:10 AM

Real estate investor Black Salmon has acquired an interest in the U.S. Bank Center in downtown Phoenix, a 31-story tower that is second in stature only to the nearby Chase Tower, Arizona's tallest building.

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