November 17, 2024 12:41 am
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$5M+ Deals – $71.5M deal in Tempe

Below are the deals closed Monday 12/15/14 in Maricopa County over $5 million according to the Maricopa County Recorder. The Rose Law Group Reporter has not independently verified these transactions.

$71.5M sale of the Tempe Fountainhead Corporate Park located just south of W. Broadway Road on the east side of S. Priest Drive (1540 W. Fountainhead Pkwy) in Tempe by Tempe Fountainhead Corporate LLC, an entity formed by Principal Financial Group Inc. in Des Moines, Iowa. The sale includes four parcels totaling 32.78 acres with a combined 476,172 square feet of office space across five buildings and multiple parking structures. According to the BREW, the buyer was a joint venture formed by Cypress Office Properties in San Diego, California.

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© 2024 Rose Law Group Reporter

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.