Mesa, Ariz. â€” CBRE has arranged the sale of Tri-City Pavilions, a 96,336-square-foot shopping center anchored by Safeway in Mesa.
Bob Young, Glenn Smigiel, Steve Brabant and Rick Abraham of CBREâ€™s Phoenix office negotiated the transaction on behalf of the seller, J.G. Management Co. of Westlake Village, California. The buyer is Fairfield, New Jersey-based Lamar Cos. The property, located at the northeast corner of Dobson Road and Main Street, was 75 percent leased at the time of sale.Â