November 22, 2024 12:34 am
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Missouri Falls building sells for nearly $14M

Missouri Falls building
Missouri Falls building

AZRE Magazine

CBRE has negotiated the sale of the Missouri Falls building located at 645 E. Missouri Ave. in Phoenix, Ariz. The 187,648 SF, Class-A office building commanded a sale price of $13.89M in the transaction.

Bob Young, Glenn Smigiel, Steve Brabant and Rick Abraham with CBRE’s Phoenix office represented Greg Williams, the court appointed receiver for the seller, Midland Loan Services, which is a subsidiary of PNC Bank. The buyer is ICIC Commercial Investments – a local investment firm managed by Kelly House, Tom Blake and Andy Ligget.

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