Phoenix, Ariz (February 28, 2024) -- Commercial Properties, Inc./CORFAC International (CPI), Arizona’s largest locally-owned commercial real estate brokerage, is pleased to announce the sale of Building F in Venture Court Professional Plaza in Anthem, Arizona. The ±27,223 SF two-story office building is located off I-17 and Anthem Way at 41810 N Venture Drive. The property has excellent visibility from I-17 and is just 6 miles from one of Phoenix’s recent developments, TSMC, the new semiconductor manufacturing plant, whose surrounding area has the potential of becoming its own thriving business center.
Eric Butler and Phill Tomlinson at Commercial Properties Incorporated represented the seller, Liftable Media, Inc. Keith Lammersen of JLL represented the buyer, Maricopa County Libraries. The ±27,223 SF office building was sold to Maricopa County Libraries for $9 million ($330.60 PSF).
Butler commented, "North Valley Regional Library was originally on the campus of Boulder Creek High School in Anthem where they were leasing space and open to the public and the students on campus. We had to help Maricopa County Libraries change the CC & R’s (Covenants, Conditions, and Restrictions) in the development so they could occupy the property. We were happy to be involved throughout the process and the previous owner was delighted with the outcome.”
For additional information, please contact Eric Butler at [email protected] or (480) 522-2813, or Phill Tomlinson at [email protected] or (480) 522.2800.