PHOENIX-A 73,377 square foot, three-story office building at 4950 S. 48th St. in Cotton Corporate Center has been sold to Mutual of Omaha Bank for $11,593,566 or $158.00 per square foot.
The class A building was built in 2008 and has been awarded a LEED-certified green building designation by the U.S. Green Building Council. The property features top-end finishes, high ceilings, an open floor plan and a generous parking ratio.
Lee & Associates principals Craig Coppola and Andrew Cheney represented Yarvek LLC of Phoenix, the seller of the property.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
