• California Investor Purchases Wilhelm Automotive Property in Cave Creek

    California Investor Purchases Wilhelm Automotive Property in Cave Creek0

    Phoenix, Arizona – On behalf of MCL Investments, LLC, Cushman & Wakefield completed the sale of the property which Wilhelm Automotive leases located at 29233 N. Cave Creek Road in Cave Creek, Ariz. Thomas J Separate Property Trust of Cathedral City, Calif. purchased the property for $3 million. Chris Hollenbeck of Cushman & Wakefield’s Phoenix

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  • Phoenix Commercial Advisors Sells Camelback 101 Plaza

    Phoenix Commercial Advisors Sells Camelback 101 Plaza0

    Phoenix, Arizona – Phoenix Commercial Advisors facilitated the sale of Camelback 101 Plaza, a shop building adjacent to Youfit and In-N-Out Burger. The shops, located on 1.85 acres on the southeast corner of Loop 101 and Camelback Road at 9611 W. Camelback Road, Phoenix, sold for $3,700,000 or $237 per square foot. The 15,635-square-foot building

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  • Phoenix Retail Market Healthy Despite National Retail Struggles

    Phoenix Retail Market Healthy Despite National Retail Struggles0

    Greater Phoenix Retail Vacancy Below 10 percent and Net Absorption is Improving Phoenix, October 21, 2019 – The Greater Phoenix retail real estate market is performing well, despite the national trend of retail struggles.  Overall vacancy of retail space in the metropolitan area was approximately seven percent at the end of third quarter, which was

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  • Phoenix Commercial Advisors Sells Starbucks, Buffalo Spot

    Phoenix Commercial Advisors Sells Starbucks, Buffalo Spot0

    Two-tenant shop building with drive-thru closes at $3.28M PHOENIX, ARIZ.– Phoenix Commercial Advisors facilitated the sale of a two-tenant shop building with Starbucks and The Buffalo Spot. The property, located on 0.998 acres on the southwest corner of 32nd Street and Union Hills Drive at 18450 N. 32nd Street, sold for $3,280,695 or $1,058 per square foot. The 3,100-square-foot

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  • Evergreen Devco Acquires 6,000 SF Fry’s Grocery-Anchored Shopping Center

    Evergreen Devco Acquires 6,000 SF Fry’s Grocery-Anchored Shopping Center0

    PHOENIX, ARIZ. – Evergreen Devco, Inc., a leading retail and multifamily development company, announced its purchase of The Shops at Fry’s Ellsworth Plaza, located at 439 S. Ellsworth Road in Mesa.   “This acquisition is on the heels of our purchase of and construction commencement on the land at the southeast corner of Recker and Williams Field Roads

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  • Maricopa’s Edison Place Sells for $531 Per Square Foot

    Maricopa’s Edison Place Sells for $531 Per Square Foot0

    Phoenix, AZ — Newmark Knight Frank announces the sale of Edison Place located at 44555 Edison Road, in Maricopa. The 8,958-square-foot, 100% occupied healthcare and retail mixed-use real estate investment sold for $4,500,000 by Signal Healthcare, LLC.  NKF’s Managing Directors Trisha Talbot, Kathleen Morgan and Tim Westfall and Associate Director Ryan Moroney represented Arizona-based Signal Healthcare,

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