Register | Forgot Your Password? | Close
Register | Forgot Your Password? | Close

PHOENIX - The US Airways building has been sold.

According to Philly.com, REIT, a Florida-based real estate investment trust bought the property for $41.8 million. While US Airways still has control over 25 percent of the property, they have the option to opt out of the lease by the end of 2016.

""The terms of our lease remain unchanged and we've said previously that we will continue to maintain a significant corporate and operational presence in Phoenix after the merger closes even though the new American will be headquartered in Dallas-Fort Worth," US Airways spokesman Todd Lehmacher said."


share this story:
Attention KTAR.com Comment Users: We have recently changed our comments boards.
We would like you to be part of the conversation and The Voice of Arizona by logging in with your Facebook, Twitter, Google+ or Disqus account. Existing KTAR (Arizona Sports) account members will need to create a Disqus account or use one of the aforementioned social media logins. Thank you.
comments powered by Disqus

World Class Arizona

  • Dignity Health

    World Class People. World Class Company. Excellent care, delivered with compassion, for all in need.
  • CopperPoint Mutual Insurance Company

    SCF Arizona has a new name. They are now CopperPoint Mutual Insurance Company.
  • Taylor Morrison

    World Class People. World Class Company. We are a national home builder committed to building homes inspired by you.
  • Go Daddy

    World Class People. World Class Company. Go Daddy is a Fortune 100 "Best Companies to Work For."
  • Avnet

    World Class People. World Class Company. Here's information on a Fortune 500 company from Arizona.

Voice For A Better Arizona

  • Working For Arizona

    The business and economics of Arizona at the start of 2014 and looking forward.
  • Arizonans In Need

    Putting a focus on charities and organizations who provide help and/or need your help to fulfill their missions.