March 9, 2007 Volume XIII, Number 9 BREW brewaz.com

Chandler . A company formed by investors Allyn Barnum and Robert Johnston of Chandler and John Coats of Phoenix paid $1.382 million ($257.30 per foot) to buy a 5,370-square-foot shell office condominium at 4921 S. Alma School Road in Chandler. The seller was a company formed by Ricky Lyons of Champion Partners in Scottsdale. The sale was negotiated by Phil Wurth of Logan Commercial Advisors in Scottsdale. The buyer intends to occupy the building, located within the 37,000-square-foot Promenade Commons at Fulton Ranch. Financing for the purchase was arranged by Integrity Capital LLC in Scottsdale.