TEMPE, AZ, Jan. 7 -- Three-Five Systems Inc., a provider of electronics manufacturing services, sold its headquarters here in a deal worth more than $11 million.

TFS sold the building, located at 1600 N. Desert Dr., as well as its lease-hold interest in the ground sublease to Papago Paragon Partners, an unaffiliated company.

TFS received $9.35 million in cash plus a $2 million promissory note. The deal closed Dec. 30.