DTZ, a global leader in commercial real estate services, has announced the $1.5 million sale of Fountain Hills Professional Plaza, 13620 N. Saguaro Boulevard in Fountain Hills.
Capital Commercial Investments of Austin, Texas purchased the 20,194 square-foot medical and professional office building.
The seller was Plaza Companies of Peoria.
Executive Managing Director Eric Wichterman and Senior Vice President Mike Coover of DTZ’s Phoenix office represented both parties during the investment sales transaction.
Built in 1998, Fountain Hills Professional Plaza is a single-story, multi-tenant office project located in the heart of Fountain Hills, with fully improved general office and medical office space available for lease. The property was 67 percent occupied at the time of sale.