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Thursday, Apr 25, 2024

Younan Sells in Phoenix

Younan Properties Inc. has sold a Phoenix office building for $27.5 million. The Woodland Hills-based investment company sold Four Gateway, a 140,000-square-foot building, getting a 105 percent return after 17 months of ownership, the company said. Younan Properties asserts that it ranks No. 4 among the largest office property owners in the Phoenix market.

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