December 20, 2024 11:01 pm
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Sky Harbor Towers sold to Orsett

Cassidy Turley sold Sky Harbor Towers, a ±273,623-SF class-A office project at 4605, 4615, 4635 East Elwood Street in Phoenix.
Cassidy Turley sold Sky Harbor Towers, a ±273,623-SF class-A office project at 4605, 4615, 4635 East Elwood Street in Phoenix.

AZRE Magazine

Cassidy Turley sold Sky Harbor Towers, a ±273,623-SF class-A office project at 4605, 4615, 4635 East Elwood Street in Phoenix. Orsett Properties, Ltd, purchased the property for $12.1M ($42.66/psf) from REO Asset Manager, John Mitchell, of LNR Partners (Miami Beach, FL), as special servicer. Executive Managing Director Eric Wichterman and Senior Vice President Mike Coover, with Cassidy Turley’s Capital Markets Group negotiated the transaction for both parties.

According to Eric Wichterman, ―Sky Harbor Towers represents the largest block of available office space in the metropolitan Phoenix area.

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