ARIZONA NEWS

Chase Tower in downtown Phoenix sold for $107 million

Oct 29, 2018, 6:29 AM | Updated: 6:25 pm
(Facebook Photo)...
(Facebook Photo)
(Facebook Photo)

PHOENIX — The tallest building in Arizona is once again under new ownership.

The Chase Tower in downtown Phoenix was recently sold to the owner of a Florida hockey team for $107.5 million, just six months after it was bought at a trustee sale for $78 million, according to the Phoenix Business Journal.

Vincent Viola, owner of the Florida Panthers National Hockey League team, is the owner of Viola Lordsmeer LP, which bought the building from 201 North Central Avenue Property LLC.

Viola, who is worth $2.4 billion, owns the Florida Panthers and founded the electronic-trading firm Virtu Financial Inc.

Viola was nominated by President Donald Trump to be the Secretary of the Army, but he withdrew his name from consideration last year.

Wentworth Property Co. and Taconic Capital Advisors bought the 723,922-square-foot office building near Central Avenue and Van Buren Street in April.

We want to hear from you.

Have a story idea or tip? Pass it along to the KTAR News team here.

Arizona News

(Pexels Photo)...
KTAR.com

Phoenix temperature hits sub-50 for the first time since spring

Turn the heater on and get those fuzzy socks out-- Winter is approaching as some Valley residents saw some chilly temperatures Sunday morning.
17 hours ago
(Facebook File Photo/Phoenix Police Department)...
KTAR.com

Phoenix police investigating death of woman following single-vehicle car crash

Phoenix police are investigating the death of a 21-year-old woman following a single-vehicle car accident early Sunday, authorities said.
17 hours ago
Syringes with the vaccine Comirnaty of Pfizer against the coronavirus and the COVID-19 disease stan...
KTAR.com

Arizona reports 2,274 new COVID-19 cases, 5 deaths on Sunday

Arizona health officials on Sunday reported 2,274 new COVID-19 cases and five deaths.
17 hours ago
The 34th annual APS Electric Light Parade returns Saturday, Dec. 4 at 7 p.m. (APS Electric Light Pa...
KTAR.com

Electric Light Parade returns to central Phoenix on Saturday

The central Phoenix night will be lit up with holiday colors Saturday during the annual APS Electric Light Parade.
17 hours ago
(Over Easy Photo)...
KTAR.com

Tired of turkey? Here are some Valley spots for National French Toast Day

Tired of turkey? Besides being Thanksgiving, Thursday is also National French Toast Day. Here are some Valley spots that offer the breakfast delight.
17 hours ago
FILE - Migrants, many from Haiti, wade across the Rio Grande from Del Rio, Texas, to return to Ciud...
Associated Press

Anxiety grows that Biden administration can’t find balance on immigration

A year into Biden’s presidency, there is growing concern among some in the party that the administration can’t find balance on immigration.
2 days ago

Sponsored Articles

...
DISC DESERT INSTITUTE FOR SPINE CARE

What you need to know about spine health

With 540 million people suffering from lower back pain, it remains the leading cause of long-term disability. That’s why World Spine Day on Oct. 16 will raise awareness about spinal health with its theme, BACK2BACK. “BACK2BACK will focus on highlighting ways in which people can help their spines by staying mobile, avoiding physical inactivity, not overloading […]
...
Schwartz Laser Eye Center

How to sharpen your vision with elective procedures

Imagine opening your eyes in the morning and being able to see clearly. You wouldn’t have to wait to put on glasses or contacts, and there would be no more blurry showers nor forgetting where your glasses are.
...
Sweet James

Best fall road trips to take on a motorcycle

Autumn in Arizona brings the beauty of color-changing leaves and a relief from summer heat. It’s one of the most pleasant times to explore the outdoors, especially on a motorcycle.
Chase Tower in downtown Phoenix sold for $107 million