Rein & Grossoehme is proud to announce that two of our agents have been individually recognized as CoStar Power Brokers for 2014. The PowerBroker Award is performance oriented and based on actual closed transactions, as opposed to most of the other rankings awards based on unscientific online polls that can be manipulated. This is Jared […]
Bill Alter sold Arrow Self Storage Center located at 1055 W. Guadalupe in Mesa, Arizona. The sale closed on April 29, 2015 for $6,300,000, which represents approximately $75 per square foot. The property consisted of about 84,000 square feet and 858 units, a small number of which were climate controlled. Occupancy at time of closing […]
From the Scottsdale Airpark News: REIN & GROSSOEHME COMMERCIAL REAL ESTATE DEVELOPS BUSINESS SUCCESS April 29, 2015 By Lynette Carrington Rein & Grossoehme has specialized in commercial real estate for 24 years. Handling a variety of commercial real estate duties, the company offers services that include retail leasing and sales, consulting services, office leasing and […]
Bill Alter closed on the sale of Palo Verde Mini Storage located at 255 E. McKellips Rd. in Mesa, Arizona. The property sold on April 16, 2015 for $3,925,000, which represents approximately $70 per square foot and a cap rate on in-place income of 5.3%. Palo Verde Mini Storage consisted of about 57,000 square feet […]
A lease for 4,725 square feet at 2936 E. Thomas Road in Phoenix, AZ to Octane Fitness was recently consummated. The owner of the center is IRA Admin, Inc. Jared Lively of Rein & Grossoehme represented the Tenant and the Landlord on this transaction. For more information regarding the above listed transaction, contact Jared Lively at […]
A lease for 1,106 square feet in Metro Village Shopping Center to 1 Stop Convenience Store was recently consummated. The location of the property is 12450 N. 28th Dr., in Phoenix, AZ. Richard Mackay of Rein & Grossoehme represented the owner and tenant in this transaction. For more information regarding the above listed transaction, contact Richard […]
A lease for 1,053 square feet in Plaza 47 Shopping Center to Sage Counseling was recently consummated. The location of the property is 6610 N 47th Ave in Glendale, AZ. Sage has several other locations. Richard Mackay of Rein & Grossoehme represented the owner. For more information regarding the above listed transaction, contact Richard Mackay […]
The sale of Scottsdale Mountainside Shops, a 7,936 square foot shopping center was recently recorded. The location of the property is 10767 N 116th Street in Scottsdale, Arizona. The property sold to BDRE Holdings, LLC, an Arizona Limited Liability Company. The seller was Lucile, LLC, a California Limited Liability Company. The sales price was $1,496,000.00 […]
A lease for 2,007 square feet at Shops at Tatum & Dynamite on the NEC of Tatum Blvd & Dynamite Rd in Cave Creek, AZ to Orenda Force Wellness Center was recently consummated. The owner of the center is Bengin, LLC. Jared Lively of Rein & Grossoehme represented the Landlord. For more information regarding the above […]
A lease for 1,307 square feet at Shops at Tatum & Dynamite on the NEC of Tatum Blvd & Dynamite Rd in Cave Creek, AZ to MoBoo Ventures, LLC was recently consummated. The owner of the center is Bengin, LLC. Jared Lively of Rein & Grossoehme represented the Tenant and the Landlord on this transaction. For […]