A 96,555 square foot multi-tenant flex office business park in Phoenix, AZ purchased in April 2020 for $9,213,750 ($95 per square foot).

Dunbar transitioned the dated, dense, office project into a more attractive mix of light industrial, flex, and creative office tenants. The improvements included crisp and modern Class A interiors along with exterior upgrades and improved HVAC systems. Dunbar sold the property in January 2022 for $17,650,000 ($183 per square foot) to a 1031 exchange buyer.