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Investor Trades into Freddy’s Frozen Custard and Steakburgers in Gilbert

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Gilbert, Arizona – CBRE has completed the sale of a single-tenant, 3,200-square-foot Freddy’s Frozen Custard and Steakburgers located at 1405 North Arizona Avenue in Gilbert, Arizona. The property commanded a sale price of $2.9 million. Joseph R. Compagno and Ryan Eustice with CBRE’s Phoenix office represented the seller, Arizona-based, Barclay Holdings LXIII, LLC; an affiliate […]

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$10.85 Million Sale of 104,880 SF Single-Tenant JCPenney in Phoenix

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Phoenix, AZ – CBRE has completed the sale of a single-tenant, JCPenney located in the Ahwatukee Foothills, on East Ray Road and the I-10 freeway. Joseph R. Compagno with CBRE’s Phoenix office represented the seller, Yorktown Corporation of Santa Cruz, Calif., and the buyer, GRT Ray JCP, LLC of Santa Monica, Calif. The 104,880-square-foot retail

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