Creation sells The Collab in Downtown Gilbert for $20.2M

Real Estate | 27 Jun |

Creation, a fast-growing real estate development and alternative investment firm headquartered in Phoenix, announced today the sale of The Collab, a four-story, mixed-use building located in the Heritage District of downtown Gilbert for $20.2 million.

READ ALSO: Creation sets record with $130M sale of 10 West Commerce Park in Buckeye

Designed and built by LGE Design Build, The Collab is a 40,000-square-foot dynamic facility that features retail options and much-needed office space for Gilbert’s vibrant and growing entertainment district. The building recently reached 100% occupancy.

Eric Wichterman, Mike Cover, Steve Lindley and Alexandra Loye of Cushman and Wakefield brokered the deal.

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