Bill Alter closed on the $2,775,000 sale of Tucson Self Storage, representing his 156th successful self-storage closing. The sale closed on June 1, 2017. The property consisted of 584 units with a total of 46,770 square foot. It was located at 6459 E. Golf Links Rd in Tucson, Arizona. The seller was general partnership consisting […]
The sale of the Former Feeders Grain Facility, consisting of approximately 97,000 SF of buildings on ± 9.68 Acres, zoned A-1/A-2 Industrial was recently recorded. The location of the property is 310 S. 24th Avenue in Phoenix, Arizona. The property sold to H & Smoochie’s, LLC. The Seller was TE Max Enterprises II, LLC. […]
The sale of 1919 E. University Drive, Phoenix, AZ, a 53,000 square foot industrial building built in 1992 was recently recorded. The property sold to Adler Realty Investments, a California Investment Real Estate Firm. The seller was Obed Properties, Inc. from Edmonton Canada. The sales price was $2,850,000 which equates to $53.67 per square foot. […]
The sale of 9299 E. Olive Ave. #807, a 3,105 square foot industrial condo built in 2006 was recently recorded. The property sold to Desert Fox Refrigeration. The sales price was $235,000 which equates to $75 per square foot. The building was vacant at closing. Richard Mackay of Rein & Grossoehme represented the seller. For more […]
The sale of 4117 N 16th St., a 5,000 square foot restaurant built in 1965 was recently recorded. The property sold to Ingallina’s Boxed Lunch. The seller was 4117 N 16th St. LLC. The sales price was $795,000 which equates to $159 per square foot. The building was vacant at closing and the buyer plans […]
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. […]
A sale of a 9,213 SF restaurant, known as the former TGI Fridays building on I-17, was recently sold. The location of the property is 11025 N Black Canyon Hwy, Phoenix, AZ 85029. The property sold to a private buyer, that intends to operate a Korean BBQ restaurant. The seller was the Dreyfuss Family Trust. […]
Bill Alter is pleased to announce the sale of Storage Max Self Storage located at 11900 W.N. 91st Ave., Peoria, Arizona. The sale closed on June 7, 2016 for $3,500,000, which represents approximately $52 per square foot and a cap rate of about 5.35%. The property was constructed in 1986 and consisted of about 69,825 […]
Sandy Alter of Rein & Grossoehme Commercial Real Estate represented the seller for the sale of Randolph Place Apartments, a 19-unit apartment complex located at 2843 E. 17th Street in Tucson, Arizona. The property sold to the Eddy Revocable Trust, and the seller was Randolph Place Limited Partnership. The sale price was $677,500 which equates […]