A multi-tenant office building in the heart of Tempe has sold to a Utah investor for $16.8 million.
Cushman & Wakefield announced that its firm has brokered the sale of Agave Executive Center, a 78,000-square-foot office complex in Tempe, which was fully leased to six tenants at the time of the sale. Half of the occupancy stemmed from a single tenant, which is a leader in the autonomous robotic vehicle technology sector.
The center was sold to White Mountain Investments Management of Utah. The previous owner was DIG Agave Center.
