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Transactions - OCTOBER 1, 2021

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Strategic Office Partners pays $132m for two offices in Tempe

by Andrea Zander

Boyer Co. has sold two office buildings totaling 300,000 square feet in Tempe, Ariz., to Strategic Office Partners for $132 million. It is considered one of the highest-priced and largest office transactions of the year to date in the region.

The two newly constructed buildings, located at 2114 and 2116 S. Freedom Way, are situated within the 60-acre Rio2100 business park and are fully leased by Freedom Financial Network. The four-story office properties feature two parking structures, the largest office building commercial kitchen in Arizona, 14- to 16-foot deck-to-deck ceiling heights, and abundant frontage and access to the Loop 101 and Loop 202 Freeways.

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