Colliers International Negotiated Investment Sale of Former Pottery Paradise Property, Currently Home to Diego Pops Restaurant
Phoenix, AZ – Colliers International negotiated the $1.25 million investment sale of the former Pottery Paradise property located in Old Town at 4338 N. Scottsdale Rd., in Scottsdale, Arizona. The site is currently fully leased to a Mexican food restaurant, Diego Pops.
Stan Sanchez, senior vice president with Colliers, represented the seller, Pottery Paradise, Inc., of Scottsdale, Arizona. The property was acquired jointly by Scottsdale Canal Project LLC and Hermosa Inn Restaurant LLC, of Scottsdale, who were self-represented.
The buyers acquired the property as an investment, with plans for future development. Specific details were not disclosed.