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Investors Drawn to Phoenix Retail Properties Despite Slowing Absorption

Mid-Year Statistics Forecast Improvement in Retail Real Estate for Remainder of 2017 Phoenix, Arizona – Absorption of retail real estate in Greater Phoenix slowed during the second quarter, but investors were busy purchasing retail properties.  The mid-year retail research report released by Colliers International in Greater Phoenix forecasts improvement in the retail sector for the […]

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Park Lee Shopping Center in Phoenix Sells for $9.5 Million

Cushman & Wakefield Represents Seller of Neighborhood Retail Center PHOENIX, AZ – Cushman & Wakefield, a global leader in commercial real estate services, announced today that a company formed by Besyata Investment Group of Brooklyn, New York, purchased the 75,559-square-foot Park Lee Shopping Center for $9.5 million. Cushman & Wakefield Executive Managing Directors Michael Hackett

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