Commercial Transactions

Fri, 03/04/2011 - 00:00 -- Jeff

Phoenix - Marcum Media LLC in Phoenix (Travis Marcum, principal) paid $732,600 ($180 per foot) to purchase a 4,070-square-foot shell office condominium located at 4550 E. Bell Road in Phoenix. The seller was a company formed by Randy Stolworthy of RRS & Co. in Phoenix. The sale was brokered through Phil Breidenbach, Peter Nieman and Lindsey Carlson of Colliers International in Phoenix, Megan Sherwood of Plaza Del Rio Management in Peoria, and Scott Isacksen of Grubb & EllisBRE Commercial in Phoenix. The buyer will occupy the space, which is located within the 45th Place office project. That nine-building, 104,210-square-foot complex, was developed by RRS & Co. The project is sold out.