Peakstone sells 26-story, Freeport-McMoRan downtown Phoenix office tower

1/5/2026

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Phoenix Business Journal

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• Subcategory: Office: CBD

• Tag: Sale

• Additional Filters-Subcategory: Office: Highrise

• Additional Filters-Tags: Sale: Ground Lease (Leasehold-Leased Fee), Sale: Owner/User, Sale: Single Property

• Company: Peakstone Realty Trust (NYSE: PKST), Newmark Group (Nasdaq: NMRK)

Highlights
Foundation 333 LLC acquired 333 North Central's office portion
The sale includes roughly 250,000 square feet which was previously Freeport-McMoRan's HQ
The sale price for the transaction was not immediately disclosed

Peakstone Realty Trust (NYSE: PKST)

Craig Phillips, LEEP AP | Managing Director, Asset Managment/Development

[email protected]

312-638-5606

Arizona

Office

Peakstone sells 26-story, Freeport-McMoRan downtown Phoenix office tower

Peakstone Realty Trust (NYSE: PKST)

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