• $55M Acquisition of Bay Area Property by Vestar

    $55M Acquisition of Bay Area Property by Vestar0

    Vestar Reaches Portfolio Benchmark with Bay Area Acquisition of East Washington Place for $55M PHOENIX, ARIZ.  –  Vestar, one of the largest privately held shopping center owners in the western United States, just got bigger. With its purchase of East Washington Place, a more than 340,000-square-foot shopping center in Petaluma, California, Vestar’s portfolio has crossed the

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  • Velocity Retail Group Recent Transactions

    Velocity Retail Group Recent Transactions0

    PHOENIX, ARIZ.  –  Velocity Retail Group recently completed dozens transactions totaling over 4.5 million square feet of retail, land and big boxes. The team leases and sells more big box transactions than any other local firm, with big box sales and leasing accounting for twenty-five percent of these transactions. Following are a few highlights of the

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  • Two O’Reilly Auto Parts Properties Sold for $3.4 Million

    Two O’Reilly Auto Parts Properties Sold for $3.4 Million0

    Cushman & Wakefield Negotiates Sale to Two California Investors PHOENIX, ARIZ.  –  Cushman & Wakefield’s Chris Hollenbeck completed the sales of two O’Reilly Auto Parts properties, on behalf of JD 2 LLC, for a total of $3.4 million. The properties are located at 8964 W. Peoria Avenue in Peoria, Ariz. and 1401 W. Apache Trail in

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  • Goodwill of Central & Northern Arizona Holds Ribbon Cutting in Chandler, AZ

    Goodwill of Central & Northern Arizona Holds Ribbon Cutting in Chandler, AZ0

    CHANDLER, ARIZ.  –  Wadsworth Development Group in a joint venture partnership with Accelerated Development Services attended a ribbon cutting and grand opening ceremony on August 3rd for Goodwill of Central and Northern Arizona.  The 23,975 square foot store is located at the southeast corner of Ray Road and Rural Road in Chandler, Arizona.  Approximately 200 shoppers

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  • Maricopa Marketplace Sells for $10.05 Million

    Maricopa Marketplace Sells for $10.05 Million0

    Phoenix, Ariz. – Maricopa Marketplace, a 38,877 square foot shopping center in Maricopa, Arizona, has sold for $10,053,750 to CC Fund II Maricopa, LLC., directed by Jeff Levine. The seller, LNR Partners, LLC, as Special Servicer was represented in the transaction by Kidder Mathews commercial real estate brokers, Darren Tappen, Peter Beauchamp, and Matthew Ault.

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  • Marcus & Millichap Arranges the $1.64 Million Sale of a 6,336 SF Net-Leased Property

    Marcus & Millichap Arranges the $1.64 Million Sale of a 6,336 SF Net-Leased Property0

    MONTGOMERY, ALABAMA  –  Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Davita, a 6,336-square foot net-leased property located in Montgomery, AL, according to Ryan Sarbinoff, regional manager of the firm’s Phoenix office. The asset sold for $1,640,570. The buyer, a

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