November 17, 2024 3:57 am
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U.S. Bank building, garage bring close to $60 million

Screen Shot 2014-11-07 at 6.49.31 AMBy Catherine Reagor | The Republic | azcentral.com

Another big real-estate deal has closed in downtown Phoenix. The high-rise known as the US Bank Center and the six-floor parking garage next to it have sold for almost $60 million.

At 31 stories, the building is the second-tallest in the state, behind the nearby Chase Tower, at 40 stories.

Portland, Ore.-based real estate merchant banking firm ScanlanKemperBard Cos. bought the US Bank Center tower at 101 N. First Ave. from New York-based Angelo Gordon & Co., according to real estate research firm Vizzda.

Continued: 

If you’d like to discuss real estate matters, contact Rose Law Group founder Jordan Rose, jrose@roselawgroup.com

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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.