California-based Younan Company purchases 350K SF, 25-story office tower, 3200 Central, in Midtown Phoenix for $24.47M ($69.99psf)

  • 5/30/2024

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Phoenix Business Journal

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3200 Central, one of the 20 largest office buildings in the Phoenix metro, has been sold. Denver-based DPC Cos. bought the 350,000-square-foot, 25-story building in 2016 from EverWest Real Estate Partners and American Realty Advisors in a $49 million deal. Nearly eight years later, DPC sold 3200 Central to California-based Younan Properties for $24.5 million, according to an affidavit of property value.

Younan Company
Tony Avila | President, Acquisitions

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