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Argosy fund, Wexford Developments acquire property in Tempe, Ariz.
Transactions - DECEMBER 23, 2019

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Argosy fund, Wexford Developments acquire property in Tempe, Ariz.

by Released

Argosy Real Estate Partners IV in partnership with Wexford Developments, has acquired CenterPoint on Mill, a 125,497-square-foot retail and office property located on South Mill Avenue in Tempe, Ariz.

The South Mill Avenue and University Drive intersection, located adjacent to the property and Arizona State University, is one of the highly desirable retail and business locations in Tempe with strong vehicle and pedestrian traffic. Built between 1993 and 1998, the property is currently 100 percent leased to a mix of entertainment, restaurant, and lifestyle retail tenants, as well as a mix of marketing businesses, foundations and law firms.

Argosy’s operating partner, Wexford Developments, is an experienced owner and operator of real estate across the United States and Canada. Founded in 2014 and with offices in Alberta, Canada, and New York, Wexford has acquired more than $400 million of real estate investments across several asset classes in the United States and Can

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