Current print subscribers can create a free account by clicking here
Otherwise, follow the link below to join.
To Our Valued Readers –
Visitors to our website will be limited to five stories per month unless they opt to subscribe. The five stories do not include our exclusive content written by our journalists.
For $6.99, less than 20 cents a day, digital subscribers will receive unlimited access to YourValley.net, including exclusive content from our newsroom and access to our Daily Independent e-edition.
Our commitment to balanced, fair reporting and local coverage provides insight and perspective not found anywhere else.
Your financial commitment will help to preserve the kind of honest journalism produced by our reporters and editors. We trust you agree that independent journalism is an essential component of our democracy. Please click here to subscribe.
Need to set up your free e-Newspaper all-access account? click here.
Non-subscribers
Click here to see your options for becoming a subscriber.
Register to comment
Click here create a free account for posting comments.
Note that free accounts do not include access to premium content on this site.
I am anchor
Wells Fargo Bank sells Mesa office property for $4M
Posted
Independent Newsmedia
Editor's Note: A previous version of this story misidentified where Caliber Companies is based. We apologize for any confusion this may have caused.
On behalf of Wells Fargo Bank, Eric Wichterman, Mike Coover and Mark McGranahan of Cushman & Wakefield closed the sale of 305 E. Main St. in Mesa.
Scottsdale-based Caliber Companies purchased the property for $4 million.
The 50,018-square-foot office property is at the center of the historical district of downtown Mesa, on the southwest corner of Main Street and Mesa Drive, and fronts along the Metro Light Rail, according to a release.
Constructed in 1985, the property is 20% occupied by Wells Fargo Bank, which will remain on the entire ground floor, the release states.
“Wells Fargo’s departure from the majority of this facility presented a superb and rare value --- add play within an opportunity zone. Interest in the asset was brisk and we congratulate Caliber Companies on executing flawlessly and coming out on top," Mr. Wichterman said in the release.
