Cassidy Turley Completes $1.495 Million Sale of Old Town Scottsdale Building
Cassidy Turley, a leading commercial real estate provider in the U.S., announced that it completed the sale of a ±6,214-square-foot mixed use building at 7025 East 1st Avenue in Scottsdale. Emperor Funding 92, LLC (Paradise Valley, AZ) purchased the property for $1,495,000 ($240.58 psf) from Numero Uno Que Pasa Inc (Santa Monica, CA). Cassidy Turley Arizona’s Michael Kitlica, John Appelbe and Cliff Johnston negotiated the sale transaction representing the seller. Andrew Seidenberg of VWP Realty represented the buyer.
Built in 1970, the property sits on +.44-acres and is home to Arcadia Farm’s Marketplace, an urban country market, located across from Arcadia Farms Cafe with short walking distance to galleries, shops and restaurants. The building was 100 percent leased at time of sale.
About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with more than 3,800 professionals in more than 60 offices nationwide. The company represents a wide range of clients—from small businesses to Fortune 500 companies, from local non-profits to major institutions. The firm completed transactions valued at $22 billion in 2012, manages 400 million square feet on behalf of institutional, corporate and private clients and supports more than 23,000 domestic corporate services locations. Cassidy Turley serves owners, investors and tenants with a full spectrum of integrated commercial real estate services—including capital markets, tenant representation, corporate services, project leasing, property management, project and development services, and research and consulting. Cassidy Turley enhances its global service delivery outside North America through a partnership with GVA, giving clients access to commercial real estate professionals in 65 international markets. Please visit www.cassidyturley.com for more information about Cassidy Turley.
Cassidy Turley provides regional real estate services with local market leader Cassidy Turley Arizona. The company offers brokerage investment and advisory services in office, industrial, retail, multi-family, land and property management. The firm has completed nearly $10.7 billion in transactions since 2003 and was the No. 1 ranked Commercial Real Estate Brokerage Company in the Phoenix Business Journal’s 2010 and 2012 Book of Lists. For more information on Cassidy Turley Arizona visit www.ctarizona.com or call 602.954.9000.