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$4M Plus Buys Two Phoenix Office Buildings

PHOENIX-Neil Sasinowski of San Mateo, CA takes over the 88%-occupied Third Street Professional Building along Third Street and the 96%-occupied El Dorado Square along North 16th Street. The seller is looking to invest in larger properties.

By Beverly Ford | Updated on December 02, 2002

PHOENIX-Two office buildings owned by a Phoenix investor have gone to the same buyer in separate deals totaling more than $4 million.

Neil Sasinowski, of San Mateo, CA, took over ownership of the Third Street Professional Building at 3008 N. Third St. in a $2.3 million transaction that bought him a three-story, 32,175-sf medical office building. The multi-tenant building is 88% occupied.

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