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Arrowhead-Marketplace-Glendale-AZ

Gantry Secures $13 Million in Financing for Acquisition of Retail Parcel in Glendale, Arizona

Glendale, Ariz. — Gantry has secured $13 million of permanent financing for the acquisition of a 11.57-acre parcel at Arrowhead Marketplace in Glendale. Tim Storey of Gantry’s Phoenix office secured the 10-year, fixed-rate loan featuring a 25-year amortization for the

…

  • August 9, 2022
Chandler-Pavilions

Evergreen Devco Sells Chandler Pavilions in Metro Phoenix for $29 Million

Chandler, Ariz. — Evergreen Devco has sold Chandler Pavilions, a 163,286-square-foot retail center located in the Phoenix suburb of Chandler, to Schnitzer Properties for $29 million. The shopping center was fully occupied at the time of sale by tenants including

…

  • July 20, 2022
SanTan-Gateway-South-Chandler-AZ

Phoenix Commercial Advisors Negotiates $16.7 Million Sale of Retail Center in Suburban Phoenix

Chandler, Ariz. — Phoenix Commercial Advisors has negotiated the $16.7 million sale of SanTan Gateway South, a grocery-anchored shopping center located in the Phoenix suburb of Chandler. Situated on 6.8 acres at the intersection of Arizona Avenue and Loop 202

…

  • July 20, 2022
Corner-on-7th

MDC Realty Advisors Sells Two Shopping Centers in Phoenix, Scottsdale for $25.7 Million

Phoenix and Scottsdale, Ariz. — MDC Realty Advisors, a subsidiary of Epic Investment Services, has sold two shopping centers totaling 38,274 square feet in Phoenix and Scottsdale for $25.7 million. Dispositions include Corner on 7th, a 16,202-square-foot strip center located

…

  • July 12, 2022
Paloma-Village-Center-Tucson-AZ

Phoenix Commercial Advisors Negotiates $18.4 Million Sale of Paloma Village Shopping Center in Tucson

Tucson, Ariz. — Phoenix Commercial Advisors has arranged the $18.4 million sale of Paloma Village Center, a retail property located within the Catalina Foothills in Tucson. Situated on 4.5 acres on the southeast corner of Campbell Avenue and Skyline Drive, the

…

  • June 21, 2022
Sonoran-Creek-Marketplace-Maricopa-AZ

Thompson Thrift Retail Group Sells Sonoran Creek Marketplace in Maricopa, Arizona for $34 Million

Maricopa, Ariz. — Thompson Thrift Retail Group has completed the $34 million sale of Sonoran Creek Marketplace, a shopping center located on the southwest corner of John Wayne Parkway and Edison Road in Maricopa. The 73,692-square-foot property was fully occupied

…

  • June 7, 2022
Verrado-Marketplace-Buckeye-AZ

Vestar, DMB Development Unveil Plans for 500,000-Square-Foot Development in Suburban Phoenix

Buckeye, Ariz. — A partnership between Vestar and DMB Development has unveiled plans for Verrado Marketplace, a 500,000-square-foot development located in the Phoenix suburb of Buckeye. The project will include a grocery store, apparel and home décor stores, a department

…

  • May 11, 2022
1416-E-Route-66-Flagstaff-AZ

Marcus & Millichap Negotiates $11.8 Million Sale of Canyon 66 Plaza in Flagstaff, Arizona

Flagstaff, Ariz. — Marcus & Millichap has arranged the sale of Canyon 66 Plaza, a retail property located at 1416 E. Route 66 in Flagstaff. A limited liability company sold the center to an undisclosed buyer for $11.8 million. Nick

…

  • May 9, 2022
Phoenix-West-Plaza-Phoenix-AZ

Newmark Brokers $16.4 Million Sale of Phoenix West Plaza Shopping Center in Phoenix

Phoenix — Newmark has arranged the $16.4 million sale of Phoenix West Plaza, a retail center located at 4344 W. Indian School Road in Phoenix. At the time of sale, the 163,233-square-foot property was 93 percent occupied by 25 tenants.

…

  • April 29, 2022

Cushman & Wakefield | PICOR Negotiates Sale of 45,556-Square-Foot Retail Space in Southern Arizona

Tucson, Ariz. — Cushman & Wakefield | PICOR has arranged the sale of a 45,556-square-foot retail property located at 770 N. Kolb Road in Tucson. The building was formerly occupied by a discount movie theater that closed in March, according

…

  • April 4, 2022
Shops at Dynamite

Phoenix Commercial Advisors Negotiates Sale of 69,755-Square-Foot Retail Center Near Phoenix

Cave Creek, Ariz. — Phoenix Commercial Advisors has arranged the sale of The Shops at Dynamite Creek, a neighborhood retail center located at the entrance of Tatum Ranch master-planned community in Cave Creek, about 26 miles from Phoenix. David Malin

…

  • March 31, 2022
Costco Plaza

Faris Lee Investments Brokers $27.8 Million Sale of Costco Plaza Retail Center in Tempe

Tempe, Ariz. — Faris Lee Investments has arranged the sale of Costco Plaza, a 237,000-square-foot shopping center shadow-anchored by Costco at the southeast corner of Elliot Road and Priest Drive in Tempe. A Southern California-based private investor sold the property

…

  • March 28, 2022
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Industry Content

City of Murrieta: Experiential Leads Retail Expansion in Evolving California City

The City of Murrieta, located in Southern California, has seen explosive growth, leading to expanding retail potential — especially in the experiential arena. The city's retail successes have been based on its…

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Cullinan Properties: Mixed-Use Properties Use Retail to Drive Value

Real estate is densifying across the country, and retail has become an important amenity as people seek to live, work and play all together in mixed-use locations. The pandemic sped up…

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Faris Lee: Abundant Capital, Sales Volume Rise as Investors Pursue Retail

Investment volume, capital and competition in the retail sector have been at unprecedented levels lately, leading to lower cap rates as well as more flexibility than investments in multifamily and…

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The Necessity Retail REIT: Growing a Recession-Resilient, Necessity Retail Portfolio

What does it take to build a $5.2 billion recession-resilient, necessity retail property portfolio? Reporter Nellie Day of Retail Insight explored this topic and more with Jason Slear, Executive Vice…

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NewMark Merrill: Prop Tech Solutions to Retail Challenges

Shopping center developers, owners and managers are using property technology (prop tech) to make sense of a wealth of new, retail-generated data to create an ongoing, positive experience for customers. Sandy Sigal,…

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Stan Johnson Company: Net Lease Retail — Investment Opportunities in the Face of Changing Market…

Where are the opportunities in today’s single tenant net lease (STNL) market? The ever-changing nature of today’s retail environment has placed an emphasis on finding the best properties, while compressed…

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Taylor Street: Net Lease Opportunities: STNL Deals, Multi-Tenant Outlook, 1031 Exchange Landscape

Where does net lease stand at the moment? As cap rates compress for single tenant net lease (STNL) deals, investors are expanding their outlooks to find retail opportunities. Multi-tenant centers,…

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Pylot™: Digital Platform Streamlines Commercial Real Estate Marketing

Commercial real estate retail marketers today must navigate an increasingly complex marketing landscape. How can they identify the right tools and technologies necessary to scale their marketing presence efficiently across…

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Industry News

  • Lewis Retail Centers to Build 169,590-Square-Foot Town Center at The Preserve in Chino, California
  • Avanti Way Realty Brokers $7.1 Million Sale of Shoppes at Lakeland Square Mall in Metro Tampa
  • Real Estate Investment Firm Centennial Acquires Operating Platform of Bayer Properties
  • PEBB Enterprises Receives $36.2 Million Refinancing for Cheyenne Commons in Las Vegas
  • Longpoint Partners Acquires Grocery-Anchored Shopping Center in South Florida for $43.3 Million

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