Litchfield Park, Ariz. — SRS Real Estate Partners has arranged the sale of a large portion of Wigwam Creek Shopping Center, located at 13000 and 12958 W. Indian School Road in Litchfield Park. A Colorado-based family office sold the asset
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Sedona, Ariz. — SRS Real Estate Partners has arranged the sale of The Collective Sedona, a shopping center located at 7000 Ariz. Highway 179 in Sedona. An Arizona-based private investor sold the asset to a California-based private investor for $11.7
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Tempe, Ariz. — Marcus & Millichap has arranged the sale of a retail property located at 2000 S. Mill Ave. in Tempe. A limited liability company sold the property to an undisclosed buyer for $9 million. Walgreens occupies the building
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Phoenix — Sprouts Farmers Market has expanded its grocery pickup and delivery platform to 30 of its store in Texas as the Phoenix-based grocer faces heightened demand amid the COVID-19 outbreak. Customers may choose between same-day pickup and ordering several
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Tucson, Ariz. — Cushman & Wakefield has brokered the sale of a multi-tenant retail building situated within Santa Cruz Plaza at 3782 S. 16th Ave. in Tucson. Carlsbad, California-based Blue Hat LLC acquired the asset from Los Angeles-based Santa Cruz
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Tucson, Ariz. — Retail Value Inc. has sold Tucson Spectrum, a 716,704-square-foot, Food City-anchored shopping center in Tucson, for $84 million. The property was 88 percent leased at the time of sale to tenants including Food City, Harkins Theatres, Bed
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Tolleson, Ariz. — TriGate Capital has completed the sale of Crossroads at Tolleson, a regional shopping center located at 9897 W. McDowell Road in Tolleson. An undisclosed buyer acquired the asset for $24.5 million, or $248 per square foot. At
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Mesa, Ariz. — Sun Valley Plaza Holdings Inc. has acquired Sun Valley Plaza, a 94,094-square-foot retail center in Mesa. The center was 96 percent leased at the time of sale to tenants including Denim Diamonds, Main Street Antique Mall and
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Scottsdale, Ariz. — An entity formed by Global Retail Investors has acquired The Shops at Gainey Village, an urban village retail asset located in Scottsdale. Located at the southeast corner of Scottsdale and Doubletree Ranch roads, The Shops at Gainey Village
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Gilbert, Ariz. — Phoenix-based Vestar has completed the sale of Lakeview Village at Morrison Ranch, a shopping center located at the corner of Higley and Elliot roads in Gilbert. Colorado-based JFRCO acquired the asset for $18.2 million. Developed in 2014,
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Surprise, Ariz. — Cushman & Wakefield has arranged the sale of Mountain Vista Plaza, a retail center located in Surprise. An entity formed by Boarder Capital sold the asset to Canada-based MIRAJH LLP for $14.1 million. Located at the southwest
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Glendale, Ariz. — SRS Real Estate Partners’ Investment Properties Group has arranged the sale of Glendale Galleria, a neighborhood shopping center located at 5880 W. Peoria Ave. in Glendale. Brixmor Property Group sold the asset to a Florida-based private investor
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