April 18, 2024 2:55 am
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Brookwood Commerce Centre in Glendale sells for $9.9M

Brookwood Commerce Center

Brookwood Commerce CenterDTZ, a global leader in commercial real estate services, announced today the $9.9 million sale of Brookwood Commerce Centre, 4425 W. Olive Avenue in Glendale, AZ.

United Realty MTA of Mesa, AZ, purchased the 209,182 square foot midrise office building for $9.9 million.

Executive Managing Director Eric Wichterman and Senior Vice President Mike Coover of DTZ’s Phoenix office represented the seller, 4425 West Olive Holdings.

Built in 1974, Brookwood Commerce Centre is a four-story, multi-tenant office building with frontage on both Olive and 43rd avenues. It is conveniently located near I-17 and surrounded by a large amenity base including Metrocenter Mall. The property was 79% occupied at the time of sale.

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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.