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City Office REIT Completes First Closing in Sale of Phoenix Portfolio
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City Office REIT Completes First Closing in Sale of Phoenix Portfolio
Aug 15, 2025 1:56 PM

04:35 PM EDT, 08/15/2025 (MT Newswires) -- City Office REIT ( CIO ) said Friday it has completed the first closing in the sale of its Phoenix portfolio.

The deal was for six of City Office's seven properties in Phoenix, the company said.

City Office said completion of the first closing satisfies a condition in its merger agreement with MCME Carell announced last month.

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