Company: CIO
Filing Date: 2025-08-15
Form Type: 8-K
Source: 0001193125-25-181880
Chunk: 1

Company: City Office REIT, Inc.
Filing Date: 2025-08-15
Form: 8-K
Item: Item 2.01
Chunk 1
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Item 2.01      Completion of Acquisition or Disposition of Assets.  

On August 15, 2025, the Company closed on the sale of six of the Company’s previously-announced dispositions of its seven office properties located in Phoenix, Arizona (the “ First Phoenix Closing”) to an unaffiliated buyer for an aggregate purchase price of $266 million. These six properties included the properties known as Block 23, 5090 N 40thSt, SanTan, Papago Tech, The Quad and Camelback Square. The Company’s Pima Center property continues to be under contract at a $30 million gross sales price. The sale of the Pima Center property is expected to close at a later date, subject to the Company obtaining certain approvals related to the property’s ground lease. The pro forma financial information required by Item 9.01 (b) of Form8-Kis attached as Exhibit 99.1 hereto and is incorporated by reference herein.