MESA, AZ-A Phoenix based real estate investment group finalizes a $4.5-million acquisition for the fully leased, 35,600-sf Fiesta Square in Mesa.

The Earl Property Fund I is the buyer of record for the multi-tenant medical and general office building, situated at 1220 S. Alma School Rd. It is positioned on the southwest corner of the intersection of Alma School Road and Southern Avenue. The sale price equates to more than $126 per sf for the Phoenix-based seller, Fiesta Square Joint Venture LLC.

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