Page is a small, rural town just south of the Utah border and south of Lake Powell. The town has about 8,000 residents. The 31,826-square-foot building will operate as a municipal air terminal.

Sunrise Liquidating Trust, a Phoenix-based investment group, is the seller. The Phoenix office of CB Richard Ellis, with brokers Bill Bayless, Bruce Campbell, Susan Evans and Aric Adams represented Sunrise Liquidating Trust. The city did not have broker representation.

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

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 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.