
3850 SE Three Mile
US - McMinnville, OR
HK$39,121,000 | 24,850 sf
Jones Lang LaSalle, Inc. (“JLL”), as exclusive advisor, is pleased
to present the opportunity to acquire the fee simple interest in
Sky Harbor Towers (the “Property”), a revitalized, multi-tenant
office campus totaling 216,338 rentable square feet in Phoenix,
Arizona. Sky Harbor Towers is 84% leased to a diverse tenant
roster, with more than 45% of the rentable square feet comprised
of investment-grade credit. The campus features creative office
space, an on-site café and fitness center, collaborative outdoor
areas, a 30-person conference room, tenant lounge, building
signage with excellent freeway exposure, and an attractive surface
parking ratio of 6.0/1,000 rentable square feet.
Sky Harbor Towers offers the rare opportunity to own real estate
along one of the most visible locations in Metro Phoenix, the
“Broadway Curve.” The location allows users to capitalize on the
280,000+ vehicles per day that pass the property and connectivity
to the greater Phoenix area through ease of access to the
Interstate 10 (I-10) Freeway, Superstition Freeway (US 60), Loop
202 Freeways, and Arizona State Route 143 (SR-143).
Sky Harbor Towers represents a rare opportunity to acquire a
prominent office campus of scale at a significant discount to
replacement cost. This investment provides new ownership
income stability with upside potential through contractual
rental increases, robust rollover schedule, and manageable lease-up opportunities.