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Retail Center in Goodyear, AZ Trades for $3.4 Million

Phoenix, Arizona – CBRE announced the sale of a 36,208-square-foot retail center located at the northwest corner of Van Buren Street and Litchfield Road in Goodyear, Ariz., for $3.4 million. Cam Stanton of CBRE and Alan Zell, CSM of Phoenix based ZELL Commercial Real Estate Services represented the seller, D.C. II, LLC. Mike Vercellino with

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CBRE Secures $40.4 Million Loan for Four-Property Retail Portfolio in Phoenix and Las Vegas

PHOENIX, Arizona – CBRE arranged $40.4 million in debt financing for four multi-tenant retail centers located in metro Phoenix and Las Vegas. Bruce Francis, Dana Summers, Robert Ybarra, Shaun Moothart and Doug Birrell of CBRE, Debt & Structured Finance arranged the 10-year loan and full-term interest-only for the borrower, an institutional client of CenterSquare Investment

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Former Grant Road Lumberyard sells for $2.7 Million

TUCSON, Arizona – A group of Tucson investors, CA 36th Street American, LLC, purchased the former Grant Road Lumber Contractor Yard at 3361 East 36th Street from Tucson-based, SDS Land and Building Company, LLC, the owners of former Grant Road Lumber, for $2.7 million ($64 PSF) with 42,016-square-feet of buildings. NPL Construction Co. (NPL) then

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