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SimonCRE & JLL complete first Phoenix Black Rock Coffee Bar sale for $1.7 Million

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Secures $1.7 million for East Valley single-tenant building PHOENIX, Arizona – On behalf of SimonCRE, the Phoenix office of JLL has completed the sale of a stand-alone retail/restaurant building in Mesa, Arizona that is fully occupied by Black Rock Coffee Bar. The transaction represents the first sale of a Black Rock-occupied building since the coffee franchise entered the …

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Lee & Associates Close Tuft & Needle HQ building in Phoenix for $8.73 million

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PHOENIX, Arizona —Lee & Associates Arizona announced today that the Fincham Dempsey Team has arranged the sale of the Tuft & Needle Corporate Headquarters and retail showroom building for $8.73 million. Jan Fincham and Patrick Dempsey facilitated the transaction on behalf of the seller, SimonCRE Chisum III, an entity of Scottsdale-based developer SimonCRE. The buyer, Retail Realty Fund was …

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SimonCRE Purchases Mesa Property to House Newest Aspire Fitness Location

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SCOTTSDALE, ARIZONA – Scottsdale-based developer SimonCRE purchased a 4.69-acre property, consisting of three retail buildings, at the northwest corner of Gilbert Road and Southern Avenue in Mesa, Arizona. The property includes a 36,241-square-foot former gym, a 3,660-square-foot Banner Urgent Care, and a 5,658-square-foot multi-tenant building housing Judd’s Orthodontic and Fiiz Drinks. SimonCRE purchased the property …

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