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 sales price was $1,200,000, which equates to $74.34 per square foot. The building was 27% occupied at closing. 2.95 acres of vacant land were also included.
Mark Rein of Rein & Grossoehme represented the buyer and the seller. Mark Rein specializes in the sale of shopping centers and has sold 92 such properties over the years. For more information regarding the above listed transaction, contact Mark Rein at 480-214-9414 or Mark@RGcre.com.
Specializing in commercial real estate for over 20 years, Rein & Grossoehme is consistently recognized as a market leader in Arizona and provides services in retail leasing and sales, office leasing and sales, industrial leasing and sales, land and pads, self storage properties, multi-family properties, single tenant triple net leased properties, and tenant representation.