GLL Real Estate Partners Invests $69M for Two-Bldg. Lincoln Towne Centre in Scottsdale

GLL Real Estate Partners, a Munich, Germany-based real estate fund management group, acquired the 226,358-square-foot Lincoln Towne Centre in Scottsdale, AZ from Transwestern for nearly $69 million, or approximately $305 per square foot.

The sale included two, five-story office buildings at 4150-4250 N. Drinkwater Blvd. that were built in 1999. The complex has a diversified tenant roster including Wounded Warrior Project, First Advantage and…
Source: Costar News