Madison Square

Madison Square, Phoenix, AZ

Property Overview

Through a joint venture, KBS Strategic Opportunity REIT II acquired a 90% equity interest in Madison Square (previously Grace Court), a Class A business park consisting of four buildings and a five-level parking garage in the Phoenix central business district (CBD).

With a total of 310,886 rentable square feet, Madison Square has three office buildings ranging from two to six stories that were built between 2003 and 2008, and a historic school house built in 1911 and fully renovated in 2006.

Grace Court has been awarded the Energy Star label for its superior energy efficiency and best practices management.

310,886
square
feet
Total Rentable Area
Class A
Building Class