Jared Lively of Rein & Grossoehme represented California-based investor REZ Investments, LLC (Rafi Sharon) on the $4,850,000.00 purchased of 19,818 SF Retail Property (6.5% Cap Rate), at the SEC of Union Hills Rd & Cave Creek Rd in Phoenix, Arizona. The property known as Pepper Ridge Plaza was 100% Occupied at time of close, Shadow […]
Jared Lively of Rein & Grossoehme represented California-based investor Southwestern Investments, LLC (George Shakiban) on the $8,695,413.00 purchased of 66.401 SF Retail Property ($132 per sf), at the NEC of Bethany Home Rd and I-17 Freeway in Phoenix, Arizona. The property known as Bethany Marketplace was 71% Occupied at time of close, tenants include Big […]
The sale of 255-263 S Extension Rd in Mesa AZ was recently recorded. The property is a 2.32 acre contractor’s yard with 8,649 SF of buildings. The property sold to a construction company expanding from California. The sales price was $1,300,000. Max Schumacher and Patrick Sheehan of Rein & Grossoehme represented the buyer. Max Schumacher […]
Jared Lively of Rein & Grossoehme represented San Jose-based investor Matos Group Management, LLC (Arnaldo Matos) on the $1,800,000,000 purchase of 13,500 SF Hybrid Retail / Industrial Property ($133 per sf), at 1938 E. Broadway Road in Tempe, Arizona. The seller was G.B.G., Inc. Rein & Grossoehme specializes in the sale of investment properties and […]
The sale of 3244 S 40th St in Phoenix, AZ was recently recorded. The property is a 1.28 acre contractor’s yard with 8,649 SF of buildings. The sales price was $1,300,000 and the Close of Escrow was August 11, 2021. Max Schumacher and Patrick Sheehan of Rein & Grossoehme represented the seller and Jeff Conrad […]
The sale of 3331 E Corona Ave in Phoenix, AZ was recently recorded. 3331 E Corona Ave is a 7,880 SF freestanding industrial building. The property sold to a construction company expanding from California. The sales price was $977,000 which equates to $123.98 PSF and the Close of Escrow was August 9, 2021. Max Schumacher […]
The sale of 3440-3502 E Broadway Rd in Phoenix, AZ was recently recorded. The property consists of two industrial buildings totaling 27,816 SF. The property sold to a local real estate investment firm. The sales price was $3,337,920 which equates to $120 PSF and the Close of Escrow was August 16, 2021. Max Schumacher and […]
The sale of 3637 E. Anne Street in Phoenix, AZ was recently recorded. The property features 15,764 SF of buildings on 2.07 acres. The property sold to a local Phoenix based HVAC contractor. The sales price was $2,150,000 and the Close of Escrow was July 30, 2021. Max Schumacher and Patrick Sheehan of Rein & […]
The sale of 3720 W Whitton Ave in Phoenix, AZ was recently recorded. The property featured 6,200 SF of buildings on 1.63 acres and the property was fully paved. The property sold to a local construction company. The sales price was $1,400,000 and the Close of Escrow was August 16, 2021. Max Schumacher and Patrick […]
The sale of 9321 N 94th St., Scottsdale AZ, a 10,640 square foot industrial building built in @1983 was recently recorded. The property sold to Jason and Tonja Howard. The seller was MASH LLC. The sales price was $2,000,000 which equates to $187.50 per square foot. The building has two grade level loading doors and […]
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