Bill Alter, of Rein & Grossoehme Commercial Real Estate represented both the seller and the buyer on the sale of Bargain Storage at Grand & Camelback, which was his 162nd successful self storage closing in 32 years as a specialist in this property type. The sale closed on April 18, 2018 for $3,130,000. The property […]
The sale of a 2,807 square foot retail building at 15410 North 40th Street in Phoenix, Arizona 85032 to Sister Avenue, LLC was recently consummated. The seller of the building was CAP 1 Sweat, LLC & 314SG, LLC. Jake Ertle of Rein & Grossoehme Commercial Real Estate represented the buyer. Rein & Grossoehme specializes in […]
Bill Alter, of Rein & Grossoehme Commercial Real Estate represented both the seller and the buyer on the sale of Arizona Storage Inns, which was his 161st successful self storage closing in 32 years as a specialist in this property type. The sale closed on March 12, 2018 for $8,900,000. The property consisted of 940 […]
The sale of 32,121 square foot pad was recently recorded. The location of the property is 1239 S Crismon Rd in Mesa. The undeveloped property sold to Litchfield Exchange & Holding, LLC. The seller was VJ Crismon LLC. The sales price was $490,000 which equates to $15.25 per square foot. Nic Chavira of Rein & […]
The sale of Cactus Court Shopping Center, a 16,276 square foot shopping center built in 1979 was recently recorded. The location of the property is north of the NWC 28th Drive & Cactus in Phoenix, Arizona. The property sold to E & L Investments LLC. The seller was Village at Cactus Court LLC. The sales […]
Jared Lively of Rein & Grossoehme represented Scottsdale-based developer SimonCRE (Josh Simon) on the purchase of the hard corner 1 Acre Retail Pad at the NWC of 19th Ave & Pinnacle Peak in Phoenix, Arizona. Simon will develop a 5,000 SF building, 2,200 SF is preleased to Filiberto’s. Lively will be handling the Leasing of […]
Jared Lively of Rein & Grossoehme represented Phoenix-based investor Presson Corporation (Daryl Burton) on the $5,900,000 purchase of a 66,401 SF shopping center ($88 per sf) located at the NEC of Bethany Home Rd and I-17 Freeway in Phoenix, Arizona. The center was 71% occupied. The seller was Safco Capital Corp and was represented by […]
Bill Alter is pleased to announce the sale of Ranch Self Storage located at 1930 S. Pennington Street in Mesa, AZ. The sale closed on October 26, 2017 at a selling price of $2,875,000. This price represents a cap rate of about 5.5%. Ranch Self Storage was constructed in 1979 and consists of 7 buildings, […]
SCOTTSDALE, AZ (October 24, 2017) – Jared Lively of Rein & Grossoehme represented Scottsdale-based developer SimonCRE on the $5,300,000 purchased of 45,559 SF Retail Property, consisting of three retail buildings, at the NWC 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 Sale of a 10,756 sf office building known as Thomas Suites at 2425 E. Thomas Road in Phoenix, AZ recently sold for $675,000 ($63 per sf), the buyer was Thomas J. Dechant Separate Property Trust and the seller was FTC 28, LLC. Jared Lively of Rein & Grossoehme represented both the Buyer and the […]