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Holualoa-Led Team Pays Nearly $20M for 143K-SF Peoria Office Park
A buyer group comprising Holualoa Companies and David Walter of DWRE acquired Thunderbird 101, a 143,000-square-foot office park in Peoria, Arizona. The group paid $19.7 million for the property at 14100 North 83rd Avenue.
CBRE identified the buyer group and worked with the parties to assemble equity and debt through closing. CBRE’s Geoffrey Turbow and Anthony DeLorenzo represented the seller.
Built by McShane Construction in 2005, Thunderbird 101 consists of two two-story, multi-tenant office buildings on 10.9 acres. The property includes 718 parking spaces and offers a range of suite sizes for health care, financial services, real estate and other professional-services users.
CBRE’s Property Management will manage the property, and CBRE’s Ashley Brooks and Jasmina Bays will lead leasing efforts on the park.
Thunderbird 101 is near Loop 101, West Thunderbird Road and North 83rd Avenue, with access to Arizona State University’s West Valley campus, State Farm Stadium and retail and dining amenities throughout the Arrowhead area.
- ◦Sale/Acquisition
