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This building previously sold for $49 million in 2016.
The property commanded the region’s highest price for an office property so far in 2021.
A 770,000-square-foot development is set to come online within the Elliot Road Technology Corridor.
The roughly 312,000-square-foot Mesa Tower traded for nearly double the price it sold for in 2017.
During its four-year ownership, the seller implemented a capital improvement program to reposition Camelback Square by upgrading the corridors and elevator lobby and adding a new conference center.