A 20-story downtown Phoenix office tower traded hands on Oct. 2.
One North Central, which totals 429,120 square feet and sits at the southeast corner of Central Avenue and Adams Street, sold to California-based AXS Opportunity fund in an all-cash deal. The deal marks the buyer’s first office property investment in Arizona, according to Newmark.
Newmark’s Chris Marchildon, CJ Osbrink and Barry Gabel represented the seller in the transaction…