The sale of Arrowhead Vistas Shopping Center, a 16,475 square foot shopping center built in 2007 was recently recorded. The location of the property is 17155 N. 51st Avenue, just north of Bell Road in Glendale, Arizona. The property sold to Cactus Arrowhead Vistas LLC, an Arizona limited liability company. The seller was Arrowhead Property […]
The sale of 15431 E. 104th Ave. a 842 square foot building built in 2019 was recently recorded. The location of the property is Commerce City in Colorado. The property sold to Mohrschladt-Howarth Associates, Inc., a Nevada corporation. The seller was TTRG Commerce City Co, LLC> The sales price was $2,070,000.00 which equates to […]
The sale of 2818 E Illini St, an 18,000 square foot industrial building on 1.95 acres built in 1960 was recently recorded. The property is located in the South Airport submarket in Phoenix, AZ. The property sold to Quail Corp a construction company. The seller was Redeka Ventures, LLC. The sales price was $2,000,000 which […]
Jared Lively of Rein & Grossoehme represented California-based investor Rosebud Omega, LLC on the $2,900,000 purchased of 9,794 SF Retail Property, at 980 E. Pecos Rd. in Chandler, Arizona. The property known as Monterey Vista Village was purchased at a 7.89% Cap Rate on 85% Occupancy. The seller was MVV Retail I, LLC. Rein & […]
The sale of 15232 N. 59th Ave., Glendale, AZ was recently recorded. The selling price was $570,000.00 and square footage was 2,172. The Buyer was MNMW, LLC and the seller was Secure Mist, LLC. Jake Ertle of Rein & Grossoehme Commercial Real Estate represented the Buyer. Rein & Grossoehme specializes in the sale of investment […]
Bill Alter is pleased to announce the sale of EZ 8 Self Storage located at 702 W. Silverlake Road in Tucson, Arizona. The sale closed on February 27, 2019 for more than $2,000,000, which represents a price per square foot of about $60 and a cap rate of about 6%. The property was constructed in […]
Jared Lively of Rein & Grossoehme represented San Francisco-based investor Jabon Investments on the $2,295,000 purchase of a 10,000 SF Retail Property, at the NWC of Gilbert Rd & Ray Rd in Gilbert, Arizona. The property known as Lamoreaux Marketplace was 100% occupied at time of close. The seller was ECDB, LLC. Rein & Grossoehme […]
The sale of Prescott Valley Retail Center, a 9,000 square foot shopping center, occupied by Aspen Dental, T Mobile, Papa Johns, Smoke’m, and Subway, built in 2000 was recently recorded. The location of the property is 7584 E SR 69, Prescott Valley, AZ. The property sold to RG3MHR, LLC, an Arizona limited liability company. The […]
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 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 […]