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2/27/26
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Pima I and II, a Class A multi-tenant medical outpatient building and an adjacent sister building with potential to lease to medical and professional tenants in Scottsdale, AZ were sold in separate deals with different buyers. Cypress West Partners purchased Pima I and a private investor purchased Pima II.
Pima I and II are located on 14.6 acres at 8415 N Pima Rd and 8465 N. Pima Rd with exceptional accessibility to the 101 Fwy in a high-growth corridor of Scottsdale. The immediate area is home to high-end retail, hotels, office, gaming and affluent residential communities. Additionally, both properties are proximate to HonorHealth’s 427-bed Scottsdale Shea Medical Center and Banner Health’s 300-bed Scottsdale Medical Center campus set to open in 2027.
Pima I is a two-story, 91.2k sf medical building that is 92% leased to high profile national, regional and local medical users, providing a range of specialties, including ambulatory surgery.
Pima II is a vacant, two-story medical and/or professional building totaling 90k sf. The property was formerly the headquarters of Rural Metro Fire.
JLL’s Medical Properties Group in collaboration with the local office arranged the transaction having represented the seller and also procuring the two separate buyers.
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