Boarder Capital Sells Mountain Vista Plaza to Canadian Investor for $14 Million

Phoenix, Arizona – On behalf of an entity formed by Boarder Capital, the capital markets team of Ryan Schubert and Michael Hackett of Cushman & Wakefield successfully closed the sale of Mountain Vista Plaza. MIRAJH LLP of Saskatoon, SK, Canada acquired the 64,071-square-foot (SF) retail center for $14.125 million.

Located at the southwest corner of Bell and Reems Road in Surprise, Ariz., Mountain Vista Plaza is anchored by the top performing Planet Fitness in the state of Arizona. Built in 2006, the fully redeveloped shopping center is 93.5% occupied.

“Mountain Vista Plaza adds another quality, internet-resistant shopping center to the Mirajh LLP Arizona portfolio,” said Executive Managing Director Michael Hackett.

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.

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