Andrew Fosberg

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Simon CRE Buys Landmark Ehrhardt Bike Shop for $1.7M in Downtown Tempe

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Phoenix, AZ – CBRE has completed the sale of a free-standing retail property located at 111 W. University Drive in Tempe, Ariz. The ±3,288-square-foot retail property is situated on approximately 14,117-square-feet of land and commanded a sale price of $1.7 million ($517 per square foot). Andrew Fosberg, Max Bippus, and Bert Kempfert with CBRE’s Phoenix […]

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NNN Leased CVS Pharmacy in Peoria, Ariz. Sells for $6 Million

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Phoenix, Ariz. – CBRE has completed the sale of a single-tenant, triple-net leased CVS Pharmacy located at 8332 West Thunderbird Road in Peoria, Ariz. The 13,813-square-foot retail property is situated on approximately 79,201 square feet of land. The property commanded a sale price of $6 million, or $434.37 per square foot. Joseph Compagno, Andrew Fosberg

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CBRE Completes Ground Lease Sale at Main Street Marketplace in Mesa

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Phoenix, Ariz. – CBRE has completed the sale of a free-standing Pizza Hut ground lease located at the southeast corner of Main Street and Dobson Road in Mesa, Arizona. The asset commanded a sale price of $608,000. Andrew Fosberg and Molly Busch with CBRE’s Phoenix office represented the seller, Mesa Partners, LLC of Portland, Ore.

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