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ORION Sells Iconic Mixed-use Property in Scottsdale for $16M

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SCOTTSDALE, ARIZONA – DPC Companies, headquartered in Denver, has purchased 7 Thousand Shea; a mixed-use 145,000–square-foot development in Scottsdale, Arizona, adjacent to beautiful Paradise Valley. ORION Investment Real Estate facilitated the sale for $16 million or $110 per square foot. Well-situated on over 8.3 acres, 7 Thousand Shea sits near the premier Scottsdale Road and […]

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ORION Represents Seller in Fry’s Shadow Anchored Shops

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GILBERT, Arizona – Located along the Loop 202 retail corridor in Gilbert, within proximity to multiple new developments of retail, office, automotive, education, and residential, Gilbert Fiesta Shops sold for $3.5 million at a 7% cap rate. The 21,900-square foot shopping center was built in 2005 in the booming southeast valley of Phoenix. Gilbert Fiesta

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Highly Sought – after Retail Redevelopment at ASU Sold

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TEMPE, Arizona — This was a very rare opportunity to purchase in Downtown Tempe. The retail redevelopment at Arizona State University sold through bankruptcy court for $890,000, or $327 per square foot. Located on the southwest corner of University Drive and Wilson Street, the vacant retail sits adjacent to Arizona’s first Whole Foods Market 365.

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