Karen Schutte, Author at Real Estate Daily News

Capstone Advisors Spends $16M on 3 Retail Centers in 3 States

Capstone Advisors, a real estate investment, development and advisory firm headquartered in Carlsbad, Calif., announced that it has completed three retail center acquisitions in three states. The centers, located in California, Arizona and Virginia, were acquired in separate transactions totaling $16 million. The company has now acquired seven shopping centers over the past 28 months.

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Oracle Retail Center Sells for $1.4 Million

2013 Q3 Sales Archive / By Karen Schutte

The strip center at 7366 N Oracle Road in Oro Valley was sold for $1.4 million ($140 PSF) to AM Oracle Building, LLC. The 10,032-square-feet property was occupied by two tenants when it sold, New Balance Shoes and Good Threads by Goodwill, with an additional 3,000 square-feet still available. This article has been archived, please

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Canadian Group Buys Desert Harbor Apts. in Peoria for $26.7 Million

Archive / By Karen Schutte

Canadian-based, Murray Hill Development Ltd. (aka: MHA Group) of Edmonton, Alberta (Eric Wiedman, principal) purchased the Desert Harbor Apartments at 8885 West Thunderbird Road in Peoria for $26.7 million ($101,000 per unit), through an affiliate, Desert Harbor, LLC. The 264-unit apartment complex in approximately 250,000-square-feet was built in 2000 on 14.87 acres near Luke Air

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