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Biltmore Center Sells for $212 Million in Phoenix’s Largest Office Trade of Past Year

ViaWest Group Venture Sells Majority Interest for 30% More Than ViaWest Paid in 2015
ViaWest retains a minority interest in Biltmore Center and will manage the offices. (JLL)
ViaWest retains a minority interest in Biltmore Center and will manage the offices. (JLL)
CoStar News
January 7, 2020 | 7:06 P.M.

A joint venture formed by Phoenix-based ViaWest Group sold a majority interest in Biltmore Center for $212 million, nearly twice the previous highest price paid for a Phoenix office park in 2019, marking a resurgence in the local market.

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