Goodyear, Ariz. — Sterling Organization has acquired Palm Valley Marketplace, a 107,633-square-foot shopping center located roughly 16 miles outside Phoenix in Goodyear.
Scottsdale, Ariz. — CBRE Group Inc. has arranged the $31 million sale of Scottsdale Towne Square, a 162,259-square-foot shopping center located in Arizona.
Scottsdale, Ariz. — Stan Johnson Co. has arranged the $28 million sale of 14 restaurants in Central Florida leased to Ker’s WingHouse, now known as WingHouse Bar & Grill.
Surprise and Glendale, Ariz. — Calgary, Alberta-based Triumph Real Estate Investment Fund has acquired two shopping centers in metro Phoenix for $7 million.
Tempe, Ariz. — A joint venture between Opus Development Group LLC and Seventh Street Tempe AZ Manager LLC has begun construction on a mixed-use development located at the northwest corner of University Drive and Forest Avenue in Tempe.