The sale of Park 19, a 23,470 square foot shopping center including two freestanding pad buildings built in 1979 was recently recorded. The location of the property is the NWC of 19th Avenue & Thunderbird in Phoenix, Arizona. The property sold to Cactus Investments Park, LLC. The seller was Roden. Trust and Heller Partnership. The […]
The sale of Sycamore Center, a 19,292 square foot shopping center built in 1999 was recently recorded. The location of the property is the NEC of Brown & Recker in Mesa, Arizona. The property sold to Tiffer Holdings, LLC. The seller was Sycamore Phoenix Partners, LP. The sales price was $1,259,000, which equates to $65.26 […]
The sale of an 8.94-acre site was recently recorded. The location of the property is 2328 W. Broadway Road in Phoenix, AZ. The property included a +/- 3,200 SF shop building, and is zoned A-2 Heavy Industrial. The property sold to United Auto. The Seller was SPC Investments, LLC. The sale price was $1,700,000 which […]
The sale of 2827 E. Bell Road, a 2,054 SF building was recently recorded. The location of the property is in Phoenix, AZ. The property sold to Tommy and Donna Morano. The seller was Marson-Ross, LLC. The sale price was $550,000 which equates to $267 per SF. Jake Ertle of Rein & Grossoehme represented both […]
The sale of approximately 10,780 SF of buildings on ± 2.19 Acres of land was recently recorded. The location of the property is 3202 W. Durango Street in Phoenix, AZ. The property sold to MXS Holdings, LLC. The Seller was Elmer and Karen Skoog. The sale price was $625,000. The property is zoned A-1 light industrial. […]
A 21,000 square foot Pad Site at the NWC of Pinnacle Peak & 19th Ave. in Phoenix, AZ recently sold for $275,000 ($13 per square foot).The buyer plans to build a Salad and Go. The seller was Pinnacle Campus, LLC and the buyer was Southwest General Development, LLC. Jared Lively of Rein & Grossoehme represented […]
The sale of 2818 E. Illini Street, Phoenix, Arizona, a 16,510 square foot industrial building was recently recorded. The property sold to Redeka Venture, LLC, an Arizona Limited Liability Company. The seller was Illini Property, LLC. The sales price was $850,000.00 which equates to $51 per square foot. Jake Ertle of Rein & Grossoehme Commercial […]
Bill Alter sold Active Discount Storage located at 7590 W. Olive Avenue in Peoria, Arizona. The sale closed on August 28, 2015 for $3,9000,000, which represents approximately $51 per square foot and a cap rate of about 5.8%. The property consisted of about 76,500 square feet and 700 units. Occupancy at time of closing was […]
The sale of a gas station at the SWC of Higley and Brown was recently recorded. The location of the property is in Mesa, AZ. The property sold to Iron Springs Shell, LLC. The sales price was $800,000.00. The gas station will continue to operate. Jim Edwards of Rein & Grossoehme Commercial Real Estate represented […]
A Sale Transaction for a 6,036 sf former Blockbuster building at 3512 E. Southern Ave. in Mesa, AZ recently sold for $760,000.00 ($125 per sf), buyer plans to find a single tenant operator. The seller was J.P. Patel Trust, and the buyer was Mohr Property Burbank, LLC. Jared Lively of Rein & Grossoehme represented the […]