Phoenix, AZ

210,202 SQ FT

FBI FIELD OFFICE

210,202 SQ FT

GOVT Real Estate Group was exclusively retained by a public Canadian REIT to conduct a confidential sale process for the Phoenix FBI Field Office. The property was encumbered by a self-amortizing CTL loan, and despite significant prepayment expense, GOVT Real Estate Group determined that maximum net proceeds would be achieved by delivering the asset free of existing debt at closing. A private government investment fund was selected to acquire the asset, paying benchmark pricing for this trophy property.