SRS Facilitates the Sale of Freestanding Retail Building in Gilbert, Arizona

SRS’ Phoenix office is pleased to announce the sale of a 2,767-SF freestanding drive-thru building at 2135 East Baseline Road in Gilbert, Ariz. The buyer, Colorado-based Leadership Circle LLC, purchased the building and adjacent land parcel for a future Natural Grocers location.   Scott Ellsworth and Brian Polachek with SRS represented the seller, Faznell Properties,…

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Daum Negotiates $7.85M Sale of Evans Corporate Park in Scottsdale

Daum Commercial Real Estate Services has negotiated the $7.85 million sale of the six-building, 71,900-square-foot Evans Corporate Park located on five acres at 8350 E. Evans in Scottsdale. David Wilson with Daum Phoenix represented the buyer, Greenwood & McKenzie of Tustin, Calif., who specialize in the acquisition, financing, management and sale or exchange of real…

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SRS Real Estate Partners Launches National Net Lease Group

SRS Real Estate Partners (SRS), the largest exclusively retail national real estate advisory firm, has announced the launch of the SRS National Net Lease Group; a newly created platform offering advisory services for investors of single-tenant and net lease retail properties nationwide. Leading the new platform as managing principals and co-founders are Matthew Mousavi and…

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Verde Palms Apartments near ASU sells for $1.25M to Utah Investor

With so many multifamily properties near Arizona State University and investment opportunities, it’s no wonder that this Utah investor chose to purchase this single-story community of eight duplexes only a little over one mile from the main campus in Tempe.  Multifamily advisor Carrick Sears with SVN|Desert Commercial Advisors brokerage in Phoenix represented the Utah buyer…

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COMMERCIAL PROPERTIES INC., ANNOUNCES RECENT INDUSTRIALTRANSACTIONS TOTALING 133,000 SF

Commercial Properties, Inc., Arizona’s largest locally owned commercial real estate brokerage, presents the following completed transactions.     U.S. Fab Pipe, Inc., formerly Custom Fab, has renewed its Lease for ten (10) years at 3065 S. 43rd Avenue, Phoenix. The manufacturing building is approximately 65,000 SF, situated on 10.86 acres. Jeff Hays of CPI’s Industrial Team represented the…

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