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.