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Stockbridge Capital Group Acquires 656K SF Office-Industrial Portfolio for $53.16M
    
Phoenix Office-Industrial

November 26, 2014

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.

Subject Properties:

• 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.

brewaz.com

2320 W Peoria AvePhoenix  AZ  85029

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