OLYMPUS DIGITAL CAMERA

CPI Announces Sale of 53,823 SF Property in Mesa

 

Commercial Properties Incorporated (CPI) announces the sale of a 53,823 SF property in the East Valley at 6402 E. Superstition Springs Blvd. in Mesa.

Ken Elmer of CPI’s Scottsdale office brokered the sale for Westwind Holdings, LLC in Chandler to the new owner, Tierra Properties VII, Prescott.

“This high-quality office space ideally matched the buyer’s criteria, and even more appealing, was its 89% occupancy rate,” Elmer said.

The sale was valued at $7.1M ($131.91 psf).

CPI and Elmer have retained the property leasing rights with the new owner.

 

POSTED: . TAGS:
AZRE

About AZRE

Pulling together the multiple facets of the commercial real estate industry in Arizona, AZRE: Arizona Commercial Real Estate Magazine reaches out to the largest local and national commercial real estate audience within the Grand Canyon State and beyond. AZRE covers up-to-date happenings within commercial development, brokerage, construction, investment, finance, architecture, property management, real estate law and more as it relates to Arizona. Additionally, AZRE is an active voice within the commercial industry, partnering with such organizations as NAIOP, ABA, ICSC AZ, AIA AZ and Valley Partnership.