JLL Arranges $11.2 Million Sale of Ocotillo Plaza in Arizona

by Camren Skelton

Chandler, Ariz. — JLL has arranged the sale of Ocotillo Plaza, a retail building located in Chandler’s Ocotillo area.

Thompson Thrift Retail Group sold the property to Slater Avenue II for $11.2 million. The 121,829-square-foot building was renovated from a former Target store into a multi-tenant retail property. Current tenants include Goodwill, Shoppers Supply, and a home and outdoor supply retailer. Peter Bauman, Tivon Moffitt, Dennis Desmond and Tyson Switzenberg of JLL represented the seller, while Nina Patel represented the buyer in the deal.

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