• Glendale Shopping Center Trades for $6.3 Million

    Glendale Shopping Center Trades for $6.3 Million0

    Located at the northeast corner of 67th and Peoria Avenues, Brittany Square, a 49,004 square foot retail center, traded for the 3rd time in the past few years, represented each time by Nick Miner, CCIM of ORION Investment Real Estate. The shopping center has ample on-site parking on its 5.23 acres site. Brittany Square has

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  • Marcus & Millichap Arranges the Sale of Old Vail Plaza, a 4-Suite Retail Property in Tucson

    Marcus & Millichap Arranges the Sale of Old Vail Plaza, a 4-Suite Retail Property in Tucson0

    Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Old Vail Plaza, a 7,200-square-foot, four-suite retail property located in Tucson, Arizona. According to Ryan Sarbinoff, regional manager of the firm’s Phoenix office, the asset sold for $2,825,000. Scott Ruble, Mark

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  • Cushman & Wakefield Brokers Sale of Santa Cruz Plaza Property in Tucson, AZ

    Cushman & Wakefield Brokers Sale of Santa Cruz Plaza Property in Tucson, AZ0

    San Diego-based Blue Hat Acquires 100% Leased Multi-Tenant Retail Property Cushman & Wakefield announced today the firm has brokered the sale of a portion of the Santa Cruz Plaza shopping center in Tucson, Arizona. The buyer was Blue Hat, LLC based in Carlsbad (San Diego), Calif. who acquired the multi-tenant shop building for $2.5 million.

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  • Grocery-anchored power center in Tucson sells for $84M

    Grocery-anchored power center in Tucson sells for $84M0

    JLL brokered the sale of the retail property to North American Development Group JLL Capital Markets announced today that it has closed the $84 million sale of Tucson Spectrum, a 716,704-square-foot, Class A, market-leading, grocery-anchored retail center situated in an infill location in Tucson, Arizona. JLL represented the seller, Retail Value Inc. (RVI). North American Development Group purchased

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  • Historic Downtown Phoenix Retail Center Trades Hands

    Historic Downtown Phoenix Retail Center Trades Hands0

    Phoenix, Arizona – Encanto Village, a +/- 20,000 square foot shopping plaza sold to a local investor for $2,300,000.  Built in 1951, Encanto Village sits on the hard corner of 15th Avenue and Thomas Road adjacent to the 222-acre Encanto Park in central Phoenix.  The Seller, a private investor based in Phoenix, had owned the

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  • Mesa Retail Center Trades for $2.42 Million to Private Investor

    Mesa Retail Center Trades for $2.42 Million to Private Investor0

    PHOENIX, Arizona – CBRE announced the sale of Power Plaza, a 9,500-square-foot retail center located at the northeast corner of Power and Broadway roads in Mesa, Arizona, for $2.42 million. Cam Stanton, Tim Healy and Mike Sandahl of CBRE represented the seller, Lorne LLC of Tucson, Arizona. The buyer was HSA Development, a private investor completing a 1031 exchange.

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