SCOTTSDALE, ARIZ. — LevRose Commercial Real Estate, a leading Scottsdale based commercial real estate brokerage firm closed the sale of a commercial project with a residential component in the heart of Old Town Scottsdale for $4 million.
Located at 4201 N. Marshall Way, the sale was facilitated by Mark Cassell and Trenton McCullough of LevRose Commercial Real Estate. The transaction began with the international buyer, Y.G.Y Domingo, LLC/Y.G.Y Pavarotti, LLC, initially interested in the 4,350 square-foot commercial unit. As the deal progressed, the 1,800 square-foot residential unit became a factor in the transaction, as the commercial and residential spaces were separate but contiguous.
“It’s quite rare for a buyer to purchase both commercial and residential real estate together,” said Jon Rosenberg, managing partner and co-founder of LevRose Commercial Real Estate. “We couldn’t be more thrilled with how the whole deal worked out. Both the buyer and seller walked away happy thanks to the hard work of our dedicated team.”
With an expertise in office, retail and industrial tenant and landlord representation and sales transactions, LevRose Commercial Real Estate has been serving the Valley since 1992. Locally owned LevRose is affiliated with TCN Worldwide, a consortium of independent commercial real estate firms providing complete real estate solutions locally, nationally and internationally.
For more information on LevRose Commercial Real Estate, please visit www.LevRose.com or call 480-947-0600.
About LevRose Commercial Real Estate
LevRose Commercial Real Estate/TCN Worldwide is a market leader in commercial real estate services in the Greater Phoenix metro area. Since 1992, LevRose has been helping clients with every aspect of leasing, buying and selling commercial properties. With some of the top professionals in the industry, LevRose takes a higher level of accountability for each client. Commercial property management is handled through affiliate firm MODE Real Estate Management Services. MODE has a unique, professional approach to the management of office, retail and medical properties.