Search
 

McCormick Ranch Office Park Goes For $3.3 Mil

SCOTTSDALE, AZ-A 28,355-sf suburban office building brings $3.3 million, or more than $116 per sf, for seller McCormick Ranch Office Investors. International Capital Partners is the new titleholder.

By D.J. Burrough | Updated on July 27, 2001

SCOTTSDALE, AZ-International Capital Partners has acquired Scottsdale’s McCormick Ranch Office Park for $3.3 million. The multi-tenant structure is located at 8233 E. Via Paseo del Norte.

The purchase price of the 28,355-sf suburban office building equates to more than $116 per sf for seller McCormick Ranch Office Investors, an entity of Phoenix-based Cole Cos. The acquisition is situated northeast of the intersection of Indian Bend and Hayden roads. It also is less than two miles west of the Pima Freeway section of the Loop 101. Paradise Valley, one of metro Phoenix’s most exclusive residential communities, is just two miles west of the office project.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2025 ALM Global, LLC. All Rights Reserved.