Palisades Capital Realty Advisors is another firm hot on the 'burbs. It recently snapped up Chandler Corporate Center I for $14M, another buy in which replacement cost was a factor, according to Joaquin de Monet.

The 68k SF office property in (where else) Chandler hit $207/SF, a huge number for suburban office. It was brokered by JLL's Dennis Desmond for the seller, Held Properties.

Read the full article here