Indiana Farm Bureau sells Seventh Street building to Phoenix developer

September 6th, 2017 by orsettphx

Mike Sunnucks
Senior Reporter
Phoenix Business Journal

Feb 11, 2015, 7:39am MST
Phoenix-based Orsett Properties Ltd. has bought a Seventh Street building for $3.2 million. The real estate firm bought the Siete II building south of Indian School Road. It totals 54,000 square feet and was sold by Indianapolis-based UFB Development Corp., an arm of the Indiana Farm Bureau. Colliers International’s Phil Breidenbach, Peter Nieman and Kathy Foster brokered the sale. “Orsett plans to update the building, specifically modernizing the structure and suites to respond to new tenants looking for offices in the Seventh Street area. The upgrades will make Siete II more competitive in the market,” Breidenbach said.

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