The sale of Bethany Professional Center, a 17,296 square foot office building built in 1963 was recently recorded. The location of the property is 2610 West Bethany Home in Phoenix, Arizona. The property sold to Bethany Home Road Carwash LP. The seller was Baha Witwit. The sales price was $550,000, which equates to $31.80 per […]
Bill Alter is pleased to announce the sale of Armored Mini Storage located at 13845 N. 7th Street, Phoenix, AZ. The sale closed on September 8, 2016 for $7,930,000, which represents approximately $163 per square foot and a cap rate of about 5.2%. Armored Mini Storage is a 3-story, climate controlled facility constructed in 2000. […]
Two self storage transactions were recently recorded in Arizona, both brokered by Bill Alter of Rein & Grossoehme Commercial Real Estate. One sale involved a property located in the Town of Maricopa that sold for $5,250,000. The property was built in 2006 and consisted of 70,539 square feet and 569 units. The seller was an […]
Bill Alter is pleased to announce the sale of Foothills Self Storage located at 4555 N. 1st Avenue in Tucson, Arizona. The sale closed on March 10, 2016 for $7,500,000, which represents approximately $120 per square foot and a cap rate of about 5.7%. The property was constructed in 1996 and consisted of about 62,770 […]
Bill Alter is pleased to announce the sale of Allstate Self Storage located at 4110 E. Bell Road in Phoenix, AZ. The sale closed on February 11, 2016 for $6,700,000, which represents approximately $88 per square foot and a cap rate of about 5.8%. The property was constructed in 1999 and consisted of about 68,250 […]
The sale of Via Linda Place, a 24,385 square foot shopping center built in 1987 was just recorded. The location of the property is the southeast corner of 90th Street & Via Linda in Scottsdale, Arizona. The property sold to Ocean Breeze- Dawn LLC, a Colorado LLC as part of a 1031 exchange. The seller […]
The sale of Broadway Self Storage was recently recorded in Tucson, Arizona. The property was originally built in 1985 as a health club and converted to a three-story self storage in 2007. It consisted of 482 climate controlled units in 30,000 square feet. The location of the property is 6444 E. Broadway, in Tucson, Arizona. […]
The sale of Vistoso Automotive, a 6,131 square foot automotive building built in 1998 was recently recorded. The location of the property is 12945 N. Oracle Road in Tucson, Arizona. The property sold to Madstart LLC, an Arizona limited liability company. The seller was Vistoso Automotive, LLC. The sales price was $1,200,000.00 which equates to […]
The sale of Sure Lock Mini Storage was recently recorded in Maricopa County, Arizona. The property was built in 1985 and consisted of 645 units in approximately 76,200 square feet. The location of the property is 8780 W. Bell Rd., in Peoria, Arizona. The property sold to a limited liability company controlled by Business Property […]
The sale of 2020 E. Indian School Rd., Phoenix AZ, a 25,000 square foot industrial showroom building was recently recorded. The four building complex is on the northeast corner of Indian School Rd and 20th Street. The property sold to Nobel West Development LLC. The seller was S & J Investments II LLC. The sales […]