So. Calif. Real estate exec pays 29.85 million for office building in Perimeter Center

Scottsdale – Perimeter Scottsdale Property LLC in Los Angeles, Calif. (Bruce Karsh, principal) paid $29.85 million ($234.12 per foot) to acquire a 127,500-square-foot office at 17600 N. Perimeter Center Drive in Scottsdale. The seller was WDP 17600 LLC, a company formed by WDP Partners LLC in Phoenix (Rob Ward, Jack Rasor, Bob Mayhall, Wally Chester, Brian Frakes and Todd Chester, principals). The sale was brokered by Jim Fijan, Kevin Calihan, Will Mast and Jerry Roberts of CBRE in Phoenix. Continue reading

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