PHOENIX, ARIZONA (March 21, 2018) – NAI Horizon represented the seller in the $6.3 million sale of a flex building that will be converted into a music venue at 8445 E. Hartford Dr., in the highly-sought after Scottsdale Airpark submarket.
NAI Horizon Senior Vice Presidents Troy Giammarco and Tyler Smith represented C.R.C. Investments LLC, of Paradise Valley, an Arizona limited liability company, in the sale of the 30,000-square-foot building.
“We were pleased to obtain the full asking price for the property,” said Giammarco, who added it was one of the highest prices paid for a flex building in Perimeter Center in Scottsdale. “All parties involved collaborated to find solutions to everyone’s ultimate satisfaction. The new owner/occupiers will create an incredible music venue and ministry. We thank everyone for all their hard work.”
The building (55 percent office and 45 percent manufacturing) previously housed the headquarters for a natural supplement company.