PHOENIX, ARIZONA (June 20, 2025) – The sale of Siete Square, a 35,926-square-foot shopping center located at 4139 W. Bell Road in Phoenix has been recorded for $5,000,000, or approximately $139 per square foot.
Built in 1985, Siete Square was 87% occupied at the time of sale. The buyer, Bell Square LLC, is a Phoenix-based investment group. The seller, Butterfield Trail LLC, also based in Phoenix, divested the property as part of its strategic asset management plan.
Mark Rein of Rein & Grossoehme Commercial Real Estate represented both the buyer and the seller in the transaction. Rein is a seasoned investment specialist who has closed 119 shopping center sales throughout his career.
“This sale highlights continued investor interest in stabilized retail centers with strong in-place tenancy,” said Rein.
Rein & Grossoehme specializes in the sale of investment properties, as well as retail and industrial leasing throughout Arizona.
For more information, contact Rein & Grossoehme at (480) 214-9411 or visit www.rgcre.com.