PS Business Parks Announces Sale of Phoenix Assets Totaling 656K SF of Office Space
PS Business Parks announced the sale of three business parks totaling 42 buildings comprising +/-656,000 square feet of office space. Net proceeds after the sale total +/-$52.2M.
The company has one remaining 23,000 square-foot Tempe property in its Arizona portfolio which is already under contract to sell.
While specific details are not included in the press release, four properties have been removed from PS Business Parks’ website in the last month (more...)
2432 W Peoria Ave, Phoenix AZ 85029