Stockbridge Capital Group Acquires 656K SF Office-Industrial Portfolio for $53.16M
Stockbridge Capital Group LLC purchased a five-property office-industrial portfolio totaling 656,032 square feet of space from PS Business Parks for $53.16M.
• Corporate Park - Phoenix - 199,581 SF
• Metro Business Park - Phoenix - 110,004 SF
• University I - Tempe - 199,835 SF
• University II - Tempe - 68,574 SF
• Mesa Station - Mesa - 78,038 SF
According to a recent press release distributed by PS Business Parks, the company has one remaining 23,000 square-foot Tempe property in its Arizona portfolio which is already under contract to sell.
2320 W Peoria Ave, Phoenix AZ 85029