Stan Johnson Company Sells Four-Building Office Complex in Alaska for $104 million

  Stan Johnson Company Sells Four-Building Office Complex in Alaska for $104

PR Newswire

ANCHORAGE, Alaska, Nov. 20, 2013

ANCHORAGE, Alaska, Nov. 20, 2013 /PRNewswire/ --Stan Johnson Company, one of
the nation's premier net lease brokerage firms, has completed the $104 million
sale of a four-building, 677,778 square foot office complex in the heart of
Anchorage, Alaska to a partnership comprised of institutional investors. The
complex is 100 percent leased to ConocoPhillips, who will continue to occupy
the complex.

David Clary and Daniel Herrold of Stan Johnson Company represented the owner,
a privately-held investment and management company.

"Anchorage's office market is tight and the sale of this complex provides the
new owners with a sound, long-term investment," said David Clary, Senior
Director, Stan Johnson Company. "The property, known as The ConocoPhillips
Complex is a landmark on the Anchorage skyline. It has a long-term lease in
place with ConocoPhillips, which is a solid investment grade rated company."

The ConocoPhillips Building was built in 1983 at 700 G Street in downtown
Anchorage, Alaska. It is the tallest building in state and sits in the center
of the Anchorage skyline. The building is part of a complex, composed of an
atrium, connecting with a smaller office towers. The sky-lit atrium is open
to the public, and has a small food court, as well as a water fountain. The
annual summer Wild Salmon on Parade local art auction is usually held in the

About Stan Johnson Company:

Stan Johnson Company is one of the nation's leading commercial real estate
brokerage and advisory firms.Thenet lease group is the largest team of
professionals focused exclusively on the acquisition, disposition, and
financing of net leased real estate.Building on their 25-year foundation in
the single tenant net lease industry, completing more than $13 billion in
transactions nationwide, Stan Johnson Company is aligned for continued
growth.A dynamic team approach, refined marketing processes and a foundation
built on integrity, professionalism and relationships create a winning
combination enabling the firm to consistently deliver quality service and
superior results to each unique client.

Contact: David Ebeling
          Ebeling Communications
          (949) 278-7851

SOURCE Stan Johnson Company
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