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Sperry Van Ness Retail Sales Stay Strong with $4.77 million in October

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  • Sperry Van Ness Retail Sales Stay Strong with $4.77 million in October
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October 29, 2014
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Karen Schutte
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Higley VillageMary Ridberg and Rommie Mojahed of Sperry Van Ness in Phoenix represented the seller, Jorde Hacienda Inc. in the $1.7 million ($11 PSF) sale of a 152,460-square-foot PAD at Higley Village. Higley Village is located at the SEC of Higley Road and Queen Creek Road in Gilbert. The buyer was ARJ Properties LLC.

Trenton McCullough and Shari A. Tucker of Sperry Van Ness in Phoenix represented the buyer, Casa Mirage Properties, LLC in the $3.07 million ($152.50 PSF) purchase of a 20,130-square-feet multi-tenant retail building located at 13915 N. Dysart Road in El Mirage. The seller was El Mirage Partners, LLC and was represented by Cam Stanton and Andrew Fosberg of CBRE in Phoenix.

Built in 2005, Rancho El Mirage Plaza consists of two buildings at the northeast corner of Dysart and Thunderbird Roads. The retail center benefits from proximity to a Walmart Supercenter. The property, which was ±94.7 percent occupied at time of sale, offers a complimentary mix of tenants, including an Anytime Fitness and Little Smiles Dentistry.

The Sperry Van Ness agents should be reached at 480.425.5500. Stanton and Fosberg at CBRE can be contacted at 602.735.5555

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