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East Valley Medical Portfolio Changes Hands

Four Phoenix-area medical offices

Menlo Group completed the sale of four medical offices in the Phoenix metropolitan area.

Tempe, AZ, January 14, 2020—Menlo Group Commercial Real Estate has announced the sale of a medical property portfolio. The portfolio consists of four, leased medical offices totaling 13,800 sq. ft. in the Phoenix East Valley. The properties sold for $3,990,000.

The medical offices are currently occupied by the same long-term tenant, a growing primary care provider. The portfolio includes a mix of freestanding buildings and office condos located in Mesa, Chandler and Gilbert.

The deal was brokered by Menlo Group President Tanner Milne, MBA, CCIM, SIOR; Vice President Mark Haslip, MBA, CCIM; and Executive Vice President Rich Andrus, MBA, CCIM.

About Menlo Group

Menlo Group Commercial Real Estate is a full-service commercial real estate brokerage located in Tempe, Ariz. Our team of trusted advisors specializes in the acquisition and disposition of investment properties. Visit www.menlocre.com/investments to learn more about our investment services.

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