Tempe office building sold to German group for $27 million

This 162,500-square-foot office building in Tempe was recently sold for $27.1 million. : Jerry Ferguson
This 162,500-square-foot office building in Tempe was recently sold for $27.1 million. : Jerry Ferguson

By Kristena Hansen | Phoenix Business Journal

A real estate funds management group from Germany recently handed over $27.1 million to acquire a roughly 162,500-square-foot office building in Tempe, according to a statement Wednesday by Jones Lang LaSalle in Phoenix.

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