Historic Welnick Bros. Marketplace in Downtown Phoenix Sold to Local Buyers; Property Slated for Future Urban-Infill Project

CBRE has completed the sale of Welnick Bros. Marketplace located at 345 W. Van Buren Street in Downtown Phoenix. The property, which has been earmarked for a future, urban-infill retail project, commanded a sale price of $930,000. Christoper Ackel and Pat Horan with CBRE’s Phoenix office negotiated the transaction on behalf of both buyer and…