Southgate Commerce Center II recently sold for approximately $862,000. Senior Advisor, Justin Horwitz with Sperry Van Ness, LLC in Phoenix represented a client into the acquisition of an office condo unit at 7415 W. Boston St., Chandler, AZ 85226. This transaction involved a sale leaseback. The Seller was represented by Matt Leonard with Levrose Real Estate.
Horwitz said, “This transaction is a perfect example of a win-win for both Buyer and Seller. The Seller was able to free itself from some debt and secure the business real estate while my client locked in a strong investment which will yield good returns for years to come.”
The Buyer is actively looking for more small to mid size investment opportunities across the metro Phoenix area with a strong focus towards the Midtown and south Scottsdale submarkets. Any marketing proposals can be sent directly to the lead advisor if you represent a seller or landlord with available properties in those areas.