PHOENIX, AZ (September 19, 2023) - Nick Miner, CCIM of ORION Investment Real Estate, reports selling a fully leased retail strip center located in Chandler, Arizona for $4,650,000, or $223/Sq. Ft.
Chandler is the fourth largest city in Arizona and is one of the fastest growing innovation and technology centers in the nation. Chandler’s proactive leadership, corporate-friendly environment, world class labor force and market reach have made it an attractive location for businesses of all sizes and industries. The community is committed to developing a sense of place that draws new visitors and enriches the lives of residents.
Nick Miner, CCIM, Senior Vice President at ORION commented, “This is the second of several properties that I am selling for the owner.” Miner further went on, “The owners have been long-time clients of mine and have decided it was time to liquidate their real estate holdings.” Earlier this year, Miner sold Sun Bell Plaza for the owners.
Seller, Max Taylor & Company, LLC, was represented by Miner of ORION Investment Real Estate.
Buyer, The Yerahmiel Rocky Rotshtein Property Trust, was represented by Simon Asef, CCIM of DMC Real Estate Inc