A California apparel business has acquired a 19-story office building in downtown Phoenix with plans to make the skyscraper its new home.
Kellwood Company LLC purchased the Monroe building on June 23 for $17.08 million from an affiliate of Granite Point Mortgage Trust, according to Maricopa County documents.
The California clothing manufacturer plans to turn the 256,682-square-foot downtown Phoenix office building into its new headquarters, Newmark Executive Managing Director CJ Osbrink said in an email to the Business Journal…