ORION Arranges $9.8 Million Sale of Central Marketplace in Suburban Phoenix

Article originally posted on HERE on November 23, 2021
Central Marketplace
99 Cents Only anchors Central Marketplace in the Phoenix suburb of Goodyear, Arizona.

Goodyear, Ariz. — ORION Investment Real Estate has brokered the sale of Central Marketplace, a 62,000-square-foot retail center located in the Phoenix suburb of Goodyear. A California-based seller sold the asset to an undisclosed buyer for $9.8 million in an all-cash transaction. Ari Spiro, Sean Stutzman, Michael Achtman and Jennifer Eggert of ORION brokered the transaction. At the time of sale, the center was 98 percent occupied by tenants including 99 Cents Only.

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