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OK Investor Drops $4M for Foreclosed Class A Office

ANTHEM, AZ-A Norman, OK-based investor purchases Anthem Corporate Center out of foreclosure, paying all cash for the class A building.

By Jennifer Duell Popovec | Updated on August 10, 2010

ANTHEM, AZ-A Norman, OK-based investor has purchased Anthem Corporate Center for $3.5 million in an all-cash transaction. The buyer, WAW Property LLC, acquire the 63,449-square foot, class A office building out of foreclosure from the lender, Wells Fargo Bank.

Developed by Newport Beach, CA-based Voit Real Estate Services in 2008, Anthem Corporate Center is located within the Anthem master planned community about 20 miles north of downtown Phoenix. The two-story office building, which is situated on nearly 5.3 acres at 3719 West Anthem Dr., is vacant and in shell condition with the exception of the lobby, restrooms and hallways, which were completed.

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