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Montana Avenue Capital Partners Subsidiary Sells Multi-Tenant Office Building in Scottsdale

Element at Kierland Trades for $17.3 Million
Element at Kierland was built in 1998 and extensively renovated in 2015. (Cushman & Wakefield)
Element at Kierland was built in 1998 and extensively renovated in 2015. (Cushman & Wakefield)
By Thomas Ferguson
CoStar Research
May 20, 2020 | 4:27 P.M.

MACP Kierland Fairways, a subsidiary of Montana Avenue Capital Partners, has sold Element at Kierland in Scottsdale, Arizona, to Valwood Element for $17.3 million, or about $300 per square foot.

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