Bridge Investment Group buys Camelback Center in Phoenix's Camelback Corridor for another sale north of $60 million - Phoenix Business Journal

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This is Bridge Investment Group's third Arizona office building on its portfolio. phoenix

Last month,

Geelan and Mast brokered a deal for CapRidge Partners to sell the Scottsdale Forum office building for $53.6 millionThis is Bridge Investment Group's third Arizona office building in its portfolio, listing 3200 North Central and Phoenix Gateway Center in addition to Camelback Center. . The complex, which totals nearly 440,000 square feet near Van Buren and 44th streets, consists of two four-story buildings and one 11-story building.Nuveen, which had $152 billion in assets under management at the end of 2021, is one of the largest investment managers in the world, and a prolific player in commercial real estate in the U.S. and internationally.

While it was once occupied mainly by FIRE tenants, over the last few years there has been an influx of tech companies that are capitalizing on the millennial workforce surrounding the area.”JLL is the listing brokerage firm for

 

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