Jared Lively of Rein & Grossoehme represented Japanese-based investor Jinstage NV, LLC on the $1,100,000 purchased of 3,900 SF Retail/Office Property, at 7349, 7353, 7357 E. 6th Ave in Old Town Scottsdale, Arizona. This property is located directly next door to 7341 E. 6th Ave, which this Investor purchased in May 2019. Rein & Grossoehme […]
The sale of 10821 North 23rd Ave, a 41,000 square foot Industrial Manufacturing building built in 1977 was recently recorded. The property sold to Dunbar Real Estate Investment LLC, out of El Segundo CA. The seller was 10821 North 23rd Ave Building LLC. The sales price was $2,950,000 which equates to $71.00 per square foot. […]
The sale of 1705 W Parkside Ln, a 33,871 square foot industrial building built in 2001 and renovated in 2018 was recently recorded. The location of the property is 1705 W Parkside Ln in Phoenix, AZ. The property sold to ZBH/Parkside, a owner/user. The seller was M & D Investments AZ, LLC. The sales price […]
The sale of 2818 E Illini St, an 18,000 square foot industrial building on 1.95 acres built in 1960 was recently recorded. The property is located in the South Airport submarket in Phoenix, AZ. The property sold to Quail Corp a construction company. The seller was Redeka Ventures, LLC. The sales price was $2,000,000 which […]
Jared Lively of Rein & Grossoehme represented California-based investor Rosebud Omega, LLC on the $2,900,000 purchased of 9,794 SF Retail Property, at 980 E. Pecos Rd. in Chandler, Arizona. The property known as Monterey Vista Village was purchased at a 7.89% Cap Rate on 85% Occupancy. The seller was MVV Retail I, LLC. Rein & […]
On June 25, 2019 Bill Alter closed on his 165th self-storage sale in 33 years as a specialist in this asset class. That property was Canyon Rose Storage, which consisted of 326 storage units and 21 RV parking spaces totaling 46,100 square foot. It was located in Gold Canyon, Arizona, an affluent retirement community on […]
The sale of SheaScott Plaza, a 12,716 square foot shopping center built in 2004 was recently recorded. The location of the property is 7337 E. Shea Blvd in Scottsdale, Arizona. The property sold to The Denver Gardens Company, LLC. The seller was SheaScott LLC. The sales price was $5,000,000, which equates to $393 per square […]
Jared Lively of Rein & Grossoehme represented San Francisco-based investor Rosebud Omega, LLC (Jack Padrick) on the $1,880,000 sale of 5,552 SF Restaurant/Bar Property ($338 per sf), at 7341 E. 6th Avenue in Scottsdale, Arizona. The Buyer was Ken Investments, LLC out of Chicago, also represented by Lively. Buyer has big plans for this property […]
The sale of 15232 N. 59th Ave., Glendale, AZ was recently recorded. The selling price was $570,000.00 and square footage was 2,172. The Buyer was MNMW, LLC and the seller was Secure Mist, LLC. Jake Ertle of Rein & Grossoehme Commercial Real Estate represented the Buyer. Rein & Grossoehme specializes in the sale of investment […]
Bill Alter is pleased to announce the sale of EZ 8 Self Storage located at 702 W. Silverlake Road in Tucson, Arizona. The sale closed on February 27, 2019 for more than $2,000,000, which represents a price per square foot of about $60 and a cap rate of about 6%. The property was constructed in […]