FOR IMMEDIATE RELEASE – November 27, 2013
Vestis Group Brokers Sale Of Midtown Phoenix Office Building
(Phoenix – November 27, 2013) – Vestis Group is pleased to announce that Principals Natan Jacobs and Les Litwin have completed the sale of The Doyle Building, a 2,100 square feet, single-level, mid-century modern office building designed by award-winning architect Gerald A. Doyle, located in Midtown Phoenix, for $260,000 / $123.81 per square foot.
Sid A. Rosen of Phoenix, Arizona sold the Doyle Building, located at 4331 N 120th Street, in Midtown Phoenix to a private investment group from Arizona for $260,000. Natan Jacobs and Les Litwin with Vestis Group in Phoenix represented the Buyer in the sale of this Phoenix office building. Scott Fey with Omni American, LLC in Phoenix represented the Seller.
The Doyle Building is a 2,100 square feet, single-level, mid-century modern office building designed by award-winning architect Gerald A. Doyle, located in midtown Phoenix. Built in 1973, The Doyle Building has a flat roof and combination frame/stucco and exposed steel beam construction, freestanding office building. The unit mix is comprised of 3 separate but interconnected suites, including 2 suites of approximately 500 square feet and 1 suite of approximately 1,100 square feet.
The Doyle Building is located in Midtown Phoenix, just minutes from the “Golden Corner” of 24th Street & Camelback, Camelback Corridor, Downtown Phoenix, Sky Harbor International Airport and numerous Valley hotspots, including: Postino WineCafe, Oregano’s, St. Francis, Windsor, Little Cleo’s at The Yard, Culinary Dropout at The Yard, Taco Guild and Starbucks at Old School 07. The property is located in Midtown Phoenix one half mile south of Camelback Road along 12th Street allowing easy access to Biltmore Fashion Park, the Camelback Corridor, the valley freeway system and numerous employers.
About Vestis Group:
Vestis Group is a leading Multi Family Investment sales and Advisory Services firm with a proven track-record of providing value added brokerage services coupled with innovative and ongoing real estate investment strategies.
Our mission is to ensure that owners and investors receive the most efficient research, marketing, real estate consultation and transaction services available. We pride ourselves on our ability to deliver added value to our clients by building uncompromising and long-lasting relationships with our partners.
Vestis Group serves multi family owners and investors with a full suite of commercial real estate services, including Buyer Representation, Project Marketing & Sales, Asset Management, Condominium Association Management, Project & Development Services, Research and Consulting.