Karen Schutte

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Sale of Palm Valley Pavilions East in Goodyear for $4.8 Million

CBRE has completed the sale of Palm Valley Pavilions East in Goodyear, Ariz. The 35,199-square-foot retail center commanded a sale price of $4.8 million ($136 PSF). Palm Valley Pavilions East is located at the southeast corner of Litchfield Road and McDowell Road and is adjacent to the masterplanned community of Palm Valley. The shopping center

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Velocity Retail Group Awarded 1.5 Million Square Foot Leasing Portfolio From NorthStar

Phoenix, AZ – A leasing portfolio of 1.5 million-square-feet of retail shopping centers located throughout metropolitan Phoenix has been awarded to Velocity Retail Group. The owners, NorthStar Realty Finance Corp. based in New York have a total real estate portfolio valued at over $3.5 billion nationwide. The Phoenix portfolio consists of 11 separate properties located

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