Cushman & Wakefield Completes Sale on Behalf of Sliger Buckhorn Limited Partnership
PHOENIX, Arizona – Cushman & Wakefield announced that Sliger Buckhorn Limited Partnership sold 15.62 acres at the northwest corner of Recker and Main Street in Mesa, Arizona for $2.15 million ($3.16 PSF) to the McHenry Family Trust. Brian Rosella of Cushman & Wakefield represented the seller.
The property is currently home to Buckhorn Baths Motel, which was a hot springs mineral bath motel that opened in the 1940’s. It grew popular through the 1950’s and was visited by celebrities and professional baseball teams who were looking to take advantage of the therapeutic benefits of the mineral baths during spring training.
“The buyer saw a unique piece of property, with a great deal of history, situated in a great location. The McHenry Family Trust plan to use the property’s unique history to create the story for their future development. They have even received permission from the Sliger’s to use some of the family’s historical personal property in the redevelopment of the site,” said Brian Rosella.