GLENDALE, Arizona – Closing for $5.85 million, or $113 per-square-foot, Brittany Square totals approximately 51,554-square-feet and includes two pad buildings. Brittany Square is located at the major signalized intersection of 67th Avenue and Peoria.
Located on Main and 48th Street, Main Street Plaza sold for $2,500,000 ($78 PSF) – 98% of asking price. The busy Mesa retail strip center is situated along Main Street, giving it excellent visibility and exposure.
SCOTTSDALE, Arizona – The iconic Scottsdale Tennis Club, with 11 championship tennis courts and pool, will soon be redeveloped into Revel Scottsdale – a refined 159-unit senior community.
The 9-acre agricultural property located west of the northwest corner of Dobson and Frye roads, in the prestigious Price Corridor of Chandler, was recently purchased for $4,400,000. A 340-unit multifamily project, to be named The District at Chandler
SB2-Gilbert, LLC, a commercial real estate investment, development and management company announced a new mixed-use development, Verde at Cooley Station. Located at the southwest corner of E. Williams Field Road and S. Recker Road, this 23-acre project will include restaurants, retail, offices, health and wellness facilities, and apartment residences.
PHOENIX, ARIZ. – A unique building located along Osborn Road, just east of 16th Street, recently sold for $1,190,000 ($242.71/SF). Formerly occupied by Coupe des Tartes restaurant
DPC Companies, headquartered in Denver, has purchased 7 Thousand Shea; a mixed-use 145,000 square foot development in Scottsdale, Arizona, adjacent to beautiful Paradise Valley. ORION Investment Real Estate facilitated the sale for $16,000,000, or $110 per square foot.
The final days of 2017 brought a flurry of activity in the Phoenix commercial real estate market. For Scottsdale-based ORION Investment Real Estate, it has been another successful year measured by growth and deal volume.
A 1.65-acre site on Van Buren and 29th streets in Phoenix has sold for $850,000.
Del Taco — the fast food chain specializing in American-style Mexican food — has announced it will open a new restaurant in the Queen Creek Marketplace, on the corner of Rittenhouse Road and Ellsworth Loop Road.
Fully leased to eight tenants, The Village at Superstition Springs sold for $3,400,000, or $265 per square foot. The Seller was 6610 E. Baseline Road Investors, L.L.C. The Buyer was Landry Family Trust. The transaction was complicated by the
GILBERT, Arizona – Located along the Loop 202 retail corridor in Gilbert, within proximity to multiple new developments of retail, office, automotive, education, and residential, Gilbert Fiesta Shops sold for $3.5 million at a 7% cap rate.
PHOENIX – ORION Investment Real Estate facilitated the sale of a fully occupied, freestanding building for $385,000, or $196 per square foot.
On the other hand, Nick Miner, CCIM, uses the RealNex system and app for client relationship management. “The new app allows me to access all the data, giving me the ability to be more mobile,” says Miner, senior vice president at Orion Investment Real Estate in Scottsdale, Ariz.
Name: Larry S. Kush Where I live: Safari Drive When & why I moved here: 1976 moved for work
ORION Investment Real Estate recently negotiated the owner/user office building sale, located at 8101 East McDowell Road in Scottsdale, for $2.2 million ($127 PSF).
Lucinda Bliss has been producing results for building owners and occupants since the 1980’s and has brought this experience and focus to ORION Investment Real Estate’s Office Division.
Nick Miner, CCIM, of ORION Investment Real Estate in Tempe, Ariz., represented an undisclosed seller in the more than $3.2 million sale of the 14,320-sf Bell Plaza located at 1704-1728 West Bell Road in Phoenix to S.M.G. Investments LLC.
Raw land situated in the heart of the bolstering 19th Avenue corridor sold for $855,000, or $11.31 per square foot. ORION Investment Real Estate’s Zack Mishkin and Dennis Hoth, CCIM were the exclusive brokers in this transaction.
Paragon Southern Plaza LLC sold the 16,980-square-foot property for $1.8 million. Southern 19 Plaza is located in a strong trade area near a major artery in the city.