Wednesday, March 12, 2008

Two office buildings sell for record $172M

"Two high-end office buildings north of Scottsdale Fashion Square have been sold in one of the priciest commercial real-estate transactions so far this year.

Principal Financial Group of Des Moines, Iowa, bought a majority stake in the Portales Corporate Center I and II buildings for $172.7 million, property records show."

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Two office buildings sell for record $172M

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