Login

New Phoenix HUB

HUB Properties Purchases Anasazi Plaza
By Randall Sakamoto
February 26, 2002 | 8:56 P.M.

HUB Properties Trust of Massachusetts purchased the Anasazi Plaza Office Park located at 11201 and 11209-11211 North Tatum Blvd. in Phoenix. The 206,149-square-foot complex sold for $29.25 million, approximately $142 per square foot. The Anasazi Plaza is composed of a 2-story, 96,188-square-foot building and a 3-story, 109,961-square-foot building. At the time of sale, the buildings were approximately 92% occupied. Dennis Desmond, Ann Gillespie, Bruce Gillespie, and Dave Alcorn of Insignia/ESG Inc. represented the seller, LAFP Phoenix Inc., a company formed by Lowe Enterprises. HUB Properties had no outside broker representation.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE