A Canadian real estate investment trust sold six office properties across the Phoenix area for U.S. $266 million as part of a deal with two U.S. investment firms to take the REIT private.
Canadian office REIT sells Phoenix portfolio, advancing plan to go private
Private investment firm acquires properties across Phoenix for $266 million
CoStar News
September 10, 2025 | 2:02 P.M.
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IN THIS ARTICLE
- Properties
- Papago Technology Center
1700 Desert Dr, Tempe, AZ
- San Tan Corporate Center I
3200 Ray Rd, Chandler, AZ
- Fifty90
5090 40th St, Phoenix, AZ
- Block 23
101 Washington St, Phoenix, AZ
- Companies
- City Office REIT, Inc.
Real Estate
- Southwest Value Partners
Finance and Insurance
- Contacts
- Charlie von Arentschildt
Senior Director, JLL
- Ben Geelan
Senior Managing Director, Phoenix Office Co-Head, JLL
- Will Mast
Managing Director, JLL