9/5/2008

Meridian West sells Phoenix office building for $10.5M

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Meridian West Development has sold a 40,000-square-foot office building in Phoenix, Ariz., for $10.5 million to Dublin, Calif.-based Granite Capital Investments.

Ann Sondrol and Eric Wichterman of Grubb & Ellis, along with Steve Johl of Lee & Associates, brokered the deal on behalf of both parties.

The property is located at 1048 N. 44th St. and was built by Meridian West in 2006. It is currently occupied by V3 Landmark Engineering and Meridian.

Address: 1048 N. 44th St., Phoenix, Ariz.

Size: 40,000 square feet

Built: 2006

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Filed Under: Office

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