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$2.8 Million Investment

Medical-Office Sale By Aspen Investor
By Diana Sharkey
November 22, 2002 | 8:27 P.M.

Mayaler Inc. of Aspen, CO, purchased the multi-tenant medical-office building located at 14640 North Tatum Blvd. in Phoenix. The 19,157-square-foot Tatum Professional Plaza sold for $2.8 million, slightly more than $146.16 per square foot at a 9.3% cap rate. The transaction was an all-cash deal. Steve Gonzalez and Jamie Medress of Marcus & Millichap represented both the buyer and the seller, Tatum Professional Group.

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News | $2.8 Million Investment