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Hudson buys AZ tower.


New York-based Hudson Realty Capital LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 has acquired an eighteen-story, multi-tenant office building located at 111 West Monroe West Monroe, city (1990 pop. 14,096), Ouachita parish, N La., on the Ouachita River, opposite Monroe, in a forest and lake area; inc. 1851. Its chief industries are lumber and paper milling.  Street in Downtown Phoenix The downtown of the city of Phoenix in the U.S. state of Arizona covers about two or three square miles, with axes running along Central Avenue and Washington/Jefferson Streets. About twenty-five mid-rise and high-rise buildings ranging up to 39 stories tall pierce the skyline. , A.Z.

The property was acquired in conjunction with Biltmore Holdings LLC and will be converted to office condominiums.

The purchase price was $20 million and included the control and development rights of a separate 90,169 s/f parcel.
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Publication:Real Estate Weekly
Date:Dec 28, 2005
Words:62
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