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Oregon Investor Buys Brookwood Commerce Centre

Massachusetts Group Sells 202,011-SF Office Building for $20.71 Million
By David Whitmore
January 30, 2006 | 1:22 P.M.

Realnet Brookwood Acquisitions LLC of Portland, OR acquired Brookwood Commerce Centre, a 202,211-square-foot, Class B office building in Glendale, AZ, for $20.71 million, or nearly $103/square foot. The property reportedly sold at a 9.43% cap rate and was 92% occupied at time of sale.

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