Hotel Monroe sold in downtown Phoenix for nearly $8 million

View from Hotel Monroe apartment / YouTube
View from Hotel Monroe apartment / YouTube

By Kristena Hansen and Mike Sunnucks | Phoenix Business Journal

A Minneapolis-based hotel and real estate development company has bought the long-vacant Hotel Monroe building in downtown Phoenix. CSM Corp. acquired the 13-story building at Central Avenue and Monroe Street for nearly $8 million.

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Also: Former home of John Keating sold in Paradise Valley for $4.4 million

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