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Office Building in Arizona Neighborhood Sells to Joint Venture

Buyers Plan to Reposition the Property in Old Town Scottsdale With Renovations Beginning Next Year
The office property at 4141 N. Scottsdale Road has been sold to George Oliver Cos. and Ascentris. (CoStar)
The office property at 4141 N. Scottsdale Road has been sold to George Oliver Cos. and Ascentris. (CoStar)
By Thomas Ferguson
CoStar Research
June 26, 2024 | 5:45 P.M.

Phoenix-based commercial real estate firm George Oliver Cos. and joint venture partner Ascentris, a private equity firm in Denver, have acquired a three-story office building in Phoenix for $26.05 million, or $160.58 per square foot.

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