📅 - Investment and asset management firm Greenstreet Real Estate Partners (greenstreetre.com) announced on Tuesday it has acquired Tempe One data and call center for $30.3 million. The center is located at 1516 W. 17th St. and 1717 W. 16th St. on the western edge of Tempe, Arizona.
Built in the late 1970s, the structures were 32 percent occupied at closing, with IKON Office Solutions leasing 70,000 of the center's 216,000 square feet.
The seller, San Clemente, California-based Argus Realty Investors, was represented in the transaction by Tom Adelson, Jim Fijan and Jerry Roberts of CB Richard Ellis in Phoenix, Arizona.
Last April, Greenstreet acquired Tempe Commerce Park III and IV near Kyrene and Elliott roads. And in October, the company bought five acres of vacant land at 27th Avenue and the North Valley Parkway in the northern Black Canyon corridor of Phoenix to build a 45,000 square foot retail complex.
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