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Thursday, November 20, 2008 Office
Phoenix, Ariz.-based Miamar Investments, LP has acquired the Country Club Manor, a two-building office center in Phoenix, for $13.97 million from Laguna Hills, Calif.-based Muller-Country Club, LLC. Barry Gabel, Mindy Korth and Mark Dancer of CB Richard Ellis brokered the deal. The two buildings are located at 1313 and 1221 East Osborn Rd. Constructed in 1987, the buildings contain 89,214 square feet and were 100 percent leased at the time of sale to tenants including Scan Health Plan and Labor Ready Inc., a 527 political action group. Gabel is an executive VP with CBRE and is a former employee of PrimeWest and Trammell Crow, both of which merged with CBRE. He has been a commercial real estate professional since 1985 and was NAIOP's "Investment Broker of the Year" in 2003. Korth, also an executive VP, began her career with Trammell Crow in 1984. She is a former financial and property manager and is currently a Capital Markets broker. Together with Gabel, the two have completed 38 transactions worth $517.8 million. Dancer is a senior associate and supports the Korth/Gabel team. He is a former director of research with the Phoenix offices of Trammell Crow and Insignia/ESG. Address: 1221 & 1313 E. Osborn Rd., Phoenix, Ariz. Size: 89,214 square feet Built: 1987 Filed Under: Office E-mail this article to a friend | Printer friendly format| DIGG this| Post to del.icio.us Comments on this article
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