May 4, 2024 3:02 am
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Black Canyon commercial center sells for $7 million

Black Canyon Corporate Center
Black Canyon Corporate Center

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.

Continued:

Related: Redrock Business Center Sells for $1.925M

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.