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Fairmount Place office building in Phoenix trades for $11.5 million

AS Realty Investors acquires 87,030-square-foot property in Midtown
Fairmount Place at 4001 N. Third St. in Phoenix contains 31 office suites and is 92% leased. (CoStar)
Fairmount Place at 4001 N. Third St. in Phoenix contains 31 office suites and is 92% leased. (CoStar)
By Clarice King with
CoStar Research
June 5, 2026 | 5:50 P.M.

AS Realty Investors has acquired Fairmount Place, a four-story, multitenant office building in midtown Phoenix, from Metro Resources for $11.5 million, or approximately $132 per square foot.

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