The sale of Central Square, a 21,516 square foot shopping center built in 2005 was recently recorded. The location of the property is east of the NEC Van Buren & Central in Goodyear, Arizona. The property sold to Dr. Sewa Dhanjal of Goodyear, AZ. The seller was Sabal Financial Group of Newport Beach, CA. The […]
Bill Alter closed on the sale of American Systems Mini Storage, which represents his 133rd successful closing of this property type. American Systems Mini Storage is a 35,400 square foot, mixed-use property consisting of 251 storage units and 22 commercial/retail suites. The property was about 70% occupied at closing and sold for $1,462,500. Bill Alter […]
The sale of Copper Bell Plaza, a 16,141 square foot shopping center built in 1980 was recently recorded. The location of the property is the NEC of Southern & Stapley in Mesa, Arizona. The property sold to Stapley & Southern Partners LLC OF Mesa, AZ. The seller was Higley Road LLC of Phoenix, AZ. The […]
The sale of Carrabba’s Italian Grill, a 7,500 square foot freestanding pad building built in 2005 was recently recorded. The location of the property is the NEC Interstate 40 & Highway 15, Durham, North Carolina. The property sold to Coachella Associates, a California limited partnership. The seller was Hugh & Sarah Ashcroft of Charlotte, NC. […]
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 a vacant, 4,725 square foot automotive building was recently recorded. The location of the property is 2936 E. Thomas Rd. in Phoenix. The property sold to Mohr Property, LLC. The seller was Midas Properties, Inc. The sales price was $350,000. Jared Lively of Rein & Grossoehme CRE represented the buyer. Jared Lively […]
The sale of Ocean Breeze Apartments, a 33 unit apartment complex built in 1964 was recently recorded. The location of the property is 2435 W. 227th Street in Torrance, California. The sales price was $7,100,000, which equates to $215,152 per unit. The complex was 98% occupied at closing. The property had not changed ownership in […]
The sale of 820 N. 54th Street, Chandler, Arizona, a 2,858 square foot free standing, restaurant drive thru building was recently recorded. The property sold to Fairway Colima AZ One, LLC. The seller was AR-PI Chandler, LLC. The sales price was $1,012,000.00 which equates to $354.00 per square foot. Jake Ertle of Rein & Grossoehme […]
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 1300 N. McClintock Drive, Unit 6, Chandler, Arizona, a 1,500 square foot office condo was recently recorded. The property sold to Mike Brock. The seller was Pasa Tiempo Properties. The sales price was $275,000 which equates to $183 per square foot. Jake Ertle of Rein & Grossoehme represented the buyer. Mr. Ertle […]