Cassidy Turley announced Friday that it sold Black Canyon Corporate Center, a ±94,203 SF, Class-A office project at 10835 N. 25th Ave. in Phoenix. Younan Properties Inc. (Woodland Hills, Calif.) purchased the property for $7.14M ($75.16/psf) from REO Asset Manager, John Mitchell, of LNR Partners (Miami Beach, Fla.), as special servicer. Executive Managing Director Eric Wichterman, Senior Vice President Mike Coover, Executive Managing Director Jeff Wentworth, and Vice President Sean Spellman with Cassidy Turley negotiated the transaction on behalf of the buyer and seller.
