News

Just Sold Pepper Ridge Plaza to REZ Investments, LLC

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Jared Lively of Rein & Grossoehme represented California-based investor REZ Investments, LLC (Rafi Sharon) on the $4,850,000.00 purchased of 19,818 SF Retail Property (6.5% Cap Rate), at the SEC of Union Hills Rd & Cave Creek Rd in Phoenix, Arizona. The property known as Pepper Ridge Plaza was 100% Occupied at time of close, Shadow […]

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Just Sold Bethany Marketplace to Southwestern Investments, LLC

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Jared Lively of Rein & Grossoehme represented California-based investor Southwestern Investments, LLC (George Shakiban) on the $8,695,413.00 purchased of 66.401 SF Retail Property ($132 per sf), at the NEC of Bethany Home Rd and I-17 Freeway in Phoenix, Arizona. The property known as Bethany Marketplace was 71% Occupied at time of close, tenants include Big […]

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Just Sold 255-263 S Extension Rd

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The sale of 255-263 S Extension Rd in Mesa AZ was recently recorded.  The property is a 2.32 acre contractor’s yard with 8,649 SF of buildings. The property sold to a construction company expanding from California.  The sales price was $1,300,000. Max Schumacher and Patrick Sheehan of Rein & Grossoehme represented the buyer.  Max Schumacher […]

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Just Leased Shoppes at Casa Grande to Angry Crab Shack

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A lease for 6,000 square feet in Shoppes at Casa Grande to Angry Crab Shack was recently consummated.  The location of the property is 1601 E. Florence Blvd., in Casa Grande, AZ.  Jim Edwards & Kevin Roessler of Rein & Grossoehme represented the landlord.    Rein & Grossoehme specializes in the sale of investment properties […]

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Just Sold 1938 E Broadway Rd to Matos Group Management, LLC

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Jared Lively of Rein & Grossoehme represented San Jose-based investor Matos Group Management, LLC (Arnaldo Matos) on the $1,800,000,000 purchase of 13,500 SF Hybrid Retail / Industrial Property ($133 per sf), at 1938 E. Broadway Road in Tempe, Arizona. The seller was G.B.G., Inc. Rein & Grossoehme specializes in the sale of investment properties and […]

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Just Sold 3244 S 40th St

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The sale of 3244 S 40th St in Phoenix, AZ was recently recorded.  The property is a 1.28 acre contractor’s yard with 8,649 SF of buildings.  The sales price was $1,300,000 and the Close of Escrow was August 11, 2021. Max Schumacher and Patrick Sheehan of Rein & Grossoehme represented the seller and Jeff Conrad […]

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Just Sold 3331 E Corona Ave

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The sale of 3331 E Corona Ave in Phoenix, AZ was recently recorded.  3331 E Corona Ave is a 7,880 SF freestanding industrial building. The property sold to a construction company expanding from California.  The sales price was $977,000 which equates to $123.98 PSF and the Close of Escrow was August 9, 2021. Max Schumacher […]

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Just Sold 3440-3502 E Broadway Rd

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The sale of 3440-3502 E Broadway Rd in Phoenix, AZ was recently recorded.  The property consists of two industrial buildings totaling 27,816 SF. The property sold to a local real estate investment firm.  The sales price was $3,337,920 which equates to $120 PSF and the Close of Escrow was August 16, 2021. Max Schumacher and […]

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Just Sold 3637 E Anne St

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The sale of 3637 E. Anne Street in Phoenix, AZ was recently recorded.  The property features 15,764 SF of buildings on 2.07 acres. The property sold to a local Phoenix based HVAC contractor.  The sales price was $2,150,000 and the Close of Escrow was July 30, 2021. Max Schumacher and Patrick Sheehan of Rein & […]

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