Westport Capital Partners LLC announced this month that it had completed the purchase of a 150,000 square foot office building in Scottsdale, Arizona. The terms of the sale and the name of the seller were not disclosed, but it was noted that Jones Lang LaSalle represented the seller in the transaction.
Scottsdale Financial Center II, known as Pinnacle Peak Business Park, is located at 4141 N. Scottsdale Road and is a three-story Class A suburban office building within the south Scottsdale market of Old Town, at the intersection of Scottsdale Road and Indian School Road. The property was reportedly 71% leased at the time of sale to Coventry Health Care, a diversified national managed healthcare company that serves more than 5 million members in 50 states.
"Westport continues to add attractive, functional assets to our national portfolio that are in strong performing markets," said Greg Geiger, principal and portfolio manager with Westport.
For more news and information visit Blumberg Capital Partners.
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