The sale of Cactus Court Shopping Center, a 16,276 square foot shopping center built in 1979 was recently recorded. The location of the property is north of the NWC 28th Drive & Cactus in Phoenix, Arizona. The property sold to E & L Investments LLC. The seller was Village at Cactus Court LLC. The sales […]
Jared Lively of Rein & Grossoehme represented Scottsdale-based developer SimonCRE (Josh Simon) on the purchase of the hard corner 1 Acre Retail Pad at the NWC of 19th Ave & Pinnacle Peak in Phoenix, Arizona. Simon will develop a 5,000 SF building, 2,200 SF is preleased to Filiberto’s. Lively will be handling the Leasing of […]
Jared Lively of Rein & Grossoehme represented Phoenix-based investor Presson Corporation (Daryl Burton) on the $5,900,000 purchase of a 66,401 SF shopping center ($88 per sf) located at the NEC of Bethany Home Rd and I-17 Freeway in Phoenix, Arizona. The center was 71% occupied. The seller was Safco Capital Corp and was represented by […]
Bill Alter is pleased to announce the sale of Ranch Self Storage located at 1930 S. Pennington Street in Mesa, AZ. The sale closed on October 26, 2017 at a selling price of $2,875,000. This price represents a cap rate of about 5.5%. Ranch Self Storage was constructed in 1979 and consists of 7 buildings, […]
SCOTTSDALE, AZ (October 24, 2017) – Jared Lively of Rein & Grossoehme represented Scottsdale-based developer SimonCRE on the $5,300,000 purchased of 45,559 SF Retail Property, consisting of three retail buildings, at the NWC of Gilbert Road and Southern Avenue in Mesa, Arizona. The property includes a 36,241-square-foot former gym, a 3,660-square-foot Banner Urgent Care, and […]
A Sale of a 10,756 sf office building known as Thomas Suites at 2425 E. Thomas Road in Phoenix, AZ recently sold for $675,000 ($63 per sf), the buyer was Thomas J. Dechant Separate Property Trust and the seller was FTC 28, LLC. Jared Lively of Rein & Grossoehme represented both the Buyer and the […]
A Sale Transaction for a 5,221 sf Restaurant Building known as Riazzi’s italian at 2700 S. Mill Ave in Tempe, AZ recently sold for $1,200,000 ($229 per sf), the buyer’s are the owners of Boulder’s on Broadway and Spoke’s on Southern restaurant and craft beer houses under Geryol Briggs, LLC. The seller was Riazzi’s […]
The sale of an industrial warehouse located at 3717 West Washington Street, Phoenix, AZ was recently recorded. The 46,266 square foot industrial warehouse, built in 1991 is located within the Reywest Commerce Center. The property sold to CAM Investment 354 LLC, a California Investment firm. The seller was Johnson Grove Partnership. The sales price was […]
The sale of Hayden Design at 83rd, a 20,468 square foot retail, industrial showroom built in 2006 was recently recorded. The location of the property is 15330 N. Hayden Road in Scottsdale, Arizona. The property sold to RW Partners LLC, a Phoenix Investment firm. The seller was Hayden 83rd Investments LLC. The sales price was […]
The sale of Camelback West Shopping Center, a 44,460 square foot shopping center built in 1954 was recently recorded. The location of the property is 3601 W. Camelback Road in Phoenix, Arizona. The property sold to JARM LLC as part of a 1031 exchange. The seller was Camelback Phoenix Partners LP. The sales price was […]