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Transwestern Brokers $20.5M Sale of Two Office Buildings in Tempe, Arizona

Summary by REBusinessOnline
TEMPE, ARIZ. — Transwestern Real Estate Services has arranged the sale of two office buildings located at 8530-8550 S. Priest Drive in Tempe. Widewaters acquired the asset from Target Corp. for $20.5 million. Built in 2003 and renovated in 2019, the asset features two two-story, 94,480-square-foot buildings and a two-level parking garage. The 25-acre lot offers direct access to Interstate 10 and Loop 202. Paul Borgesen, Dylan Sproul and Royden H…
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REBusinessOnline broke the news in on Tuesday, August 26, 2025.
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