Cardone Capital has paid $56.5 million, or $117.53/sf, for Promenade Corporate Center, a 480,716-square-foot office property in Scottsdale, Ariz. The Aventura, Fla., investment manager purchased the property from a venture of Goldman Sachs and Lincoln Property Co. The deal was highlighted in research by Kidder Mathews. The property was built in 2004 at 16435 North […]

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