Chandler Shopping Center Flips for $10M


Article originally posted on Phoenix Business Journal on February 5, 2015

A Chandler shopping center has been flipped for $9.8 million.

CIRE Management out of San Diego bought the 88,000-square-foot Monterrery Vista Village Shopping Center from a real estate partnership out of Sandy, Utah.

The seller, Monterey Vista Villeage Shopping Center, acquired the retail center last year and sold it in late January.

Jared Williams, Ari Spiro and Sean Stutzman of Orion Investment Real Estate in Scottsdale brokered the sale.

The center is located at Pecos and McQueen roads in the East Valley.