PHOENIX, ARIZONA – Union Hills North, located at 8280 W Union Hills Dr in Glendale, Arizona just sold for an undisclosed amount at auction to Cave Creek Capital Partners of Scottsdale. The 11,878-square-foot retail center is a multi-tenant property that boasts excellent curb appeal and visibility along Union Hills Drive with over 300 feet of frontage and located directly west of the Loop 101.
The seller was represented by Barbara Lloyd and Lane Neville with NAI Horizon’s Investment Services Group. Union Hills North was broadly marketed nationwide and the sale was held in a competitive bid format and generated multiple qualified offers. The competitive sale strategy has proven successful over the past two years for NAI Horizon’s Investment Services Group, becoming a trademark approach for the team. Since 2012, the NAI sales team has sold over $120M in investment, CMBS and REO properties represented over 20 transactions.
This differentiating sales process maintains control for our sellers by creating a specific timeline for disposition of the property while the competitive nature of the process yields the highest sale value results. For more information regarding this sale and NAI Horizon’s Investment Services Group, contact Barbara Lloyd and Lane Neville at 602-955-4000