Michael Hackett Archives

Cushman & Wakefield sells Zocallo Plaza for $15.55M

Zocallo Plaza
by in AZRE Magazine | Retail

Zocallo Plaza, a 51,195 square-foot retail center located near Scottsdale Road and Frank Lloyd Wright Boulevard in Scottsdale, sold for $15.55 million. Built in 1999, Zocallo Plaza is currently 100 percent occupied by a diverse, specialty tenant roster, including Corner Bakery Café, Pella Windows, Desert Schools Credit Union and Classy Closets to name a few. The… Read More →

Camelback Crossing shopping center sells for $14.5M

bashas

Cushman & Wakefield has announced that Madison Plaza 1, LLC, an entity formed by a California investor, purchased Camelback Crossing for $14.5 million. The Seller was Nevada Holding Co., L.P., a Delaware Company. Executive Managing Directors Ryan Schubert and Michael Hackett of Cushman & Wakefield negotiated the sale on behalf of the seller. Built in… Read More →

Rancho Encanto shopping center sells for $8 Million

Rancho Encanto

Cushman & Wakefield, a global leader in commercial real estate services, announced the sale of Rancho Encanto, a grocery-anchored neighborhood shopping center at 3434 W. Greenway Road in Phoenix on behalf of the seller, Weingarten Nostat, Inc. of Houston. Los Angeles-based Massco Investments, LLC purchased the 70,859 square foot property for $8 million. Cushman & Wakefield… Read More →

Pioneer Shopping Center in Yuma sells for $13.7M

Pioneer Shopping Center_Yuma

DTZ, a global leader in commercial real estate services, announced the $13.7 million sale of Pioneer Shopping Center in Yuma, AZ, on behalf of the seller, Realty Resolution Advisors, LLC (RRA) of Phoenix. The buyer was Los Angeles-based Pioneer Shopping Center, LLC (dba Kornwasser Shopping Center Properties). Pioneer Shopping Center is located on the southwest… Read More →

Australian company buys Las Vegas retail center for $23.4m

vegas

DTZ, a global leader in commercial real estate services, has announced the $23.4 million sale of Las Palmas Village in Las Vegas on behalf of the seller, Donahue Schriber Realty Group of Costa Mesa, CA. DTZ Executive Managing Directors Ryan Schubert and Michael Hackett of Phoenix represented Donahue Schriber in the investment sale. The buyer… Read More →

DTZ brokers $52M sale of Crossroads Towne Center

Crossroads Aerial_Vegas

DTZ, a global leader in commercial real estate services, has announced that they brokered the $52 million sale of Crossroads Towne Center in North Las Vegas on behalf of the sellers, a company formed by The Eagle Group in Los Angeles. The buyer was a company formed by Cornerstone Advisers of Santa Monica, CA. Built in… Read More →

The Summit at Scottsdale sells for $54.1 Million

summit

DTZ, a global leader in commercial real estate services, has announced that a limited partnership formed by Weingarten Realty Investors of Houston (NYSE: WRI) purchased The Summit at Scottsdale, a Safeway and Target (NAP)-anchored retail center for $54.1 million. Donahue Schriber Realty Group, L.P. of Costa Mesa, Cal. was the seller of the ±190,408 square… Read More →

PDI sells Gateway Village to TriGate Capital

Gateway Village
by in AZRE Magazine | Brokerage | Featured | In The Spotlight

Cassidy Turley announced Wednesday that PDSI has sold Gateway Village in Glendale, to TriGate Capital as part of a $53 million sale of a national portfolio of retail properties. Located at 5932-6070 W. Bell Road in Glendale, the 126,286 square foot shopping center is 80.1% leased to tenants such as Stein Mart, All America Pool… Read More →

California investor buys retail plaza for $11.9M

Southern Plaza, WEB
by in AZRE Magazine | Brokerage | Featured | In The Spotlight

Cassidy Turley announced that Amargosa Palmdale Investments, LLC of Beverly Hills, Calif., purchased Southern Plaza, a ±75,233 square foot neighborhood shopping center located at 6036 S. 7th Avenue for $11.9 million.   Executive Managing Directors Ryan Schubert and Michael Hackett with Cassidy Turley’s Retail Capital Markets Group represented the seller, Park West Development of Scottsdale,… Read More →

Cassidy Turley reports two retail center sales

Marley Park Plaza
by in AZRE Magazine | Brokerage | In The Spotlight

Cassidy Turley announced the sale of Marley Park Plaza, a 77,545 square foot, grocery-anchored neighborhood shopping center at 15411 W. Waddell Road in Surprise. IMAN Enterprises, LLC of Surrey BC, Canada, purchased the retail center for $12.45 million from Donahue Schriber Realty Group. Cassidy Turley Executive Managing Directors Ryan Schubert, Michael Hackett, Dan Wald and… Read More →

North Dakota investor purchases Walmart Shops at Laveen Village for $7.15M

WalmartShopAtLaveen
by in AZRE Magazine | Brokerage

Cassidy Turley announced that North Dakota-based Eleven Investments, LLC acquired Walmart Shops at Laveen Village, a neighborhood shopping center along with a developable pad located at 3525 W. Southern Avenue, for $7.15 million ($151.81 PSF). The seller was Washington-based Pacific West Land, LLC. Executive Managing Directors Ryan Schubert and Michael Hackett with Cassidy Turley’s Retail… Read More →

California investor purchases Union Hills Village for $10.3 Million

UnionHills_PressRelease
by in AZRE Magazine | Brokerage

Cassidy Turley announced that a company formed by California-based Ethan Christopher acquired Union Hills Village, 18631 N. 19th Avenue, for $10.3 million ($93.47 PSF). The seller was Costa Mesa, CA-based Donahue Schriber Realty Group, L.P. Executive Managing Directors Ryan Schubert, Michael Hackett, Dan Wald and Matt Kircher with Cassidy Turley’s Retail Capital Markets Group represented… Read More →

The Shops at Prescott Gateway Sold by Cassidy Turley

PrescottGateway, Cassidy Turley
by in Brokerage | Business News | In The Spotlight

Cassidy Turley sold The Shops at Prescott Gateway, a ±34,671 SF shopping center adjacent to Prescott Gateway Mall, on the SWC of Highway 69 and Lee Boulevard in Prescott. Cole Real Estate Investments, Inc. purchased the property for $12.77M from RED Development. Cassidy Turley’s Ryan Schubert and Michael Hackett represented RED Development during the sale… Read More →