Holliday Fenoglio Fowler LP (HFF) closed the $26.45 million sale of The Village at Hayden, a 156,751-square-foot mixed-use development in Scottsdale, Arizona.
HFF marketed the property on behalf of the seller, Village at Hayden LLC, a partnership comprising AEW Capital Management LP and The Muller Company. HFF also procured the buyer, Arizona Partners. The property was sold free and clear of financing.
The Village at Hayden is located at 8260 N. Hayden Rd., just one half mile from the Loop 101, which sees an average of 180,000 cars per day.
The 11.83-acre site is part of the McCormick Ranch community north of Scottsdale.
At 97 percent leased, The Village at Hayden has a mix of regional and national retail and office tenants, including Capital Consultants Management, Company Nurse, Phoenix Photonix, Zipps Sports Grill, Twisted Grove, Melting Pot and Grassroots Kitchen.
The HFF investment sales team representing the seller was led by CJ Osbrink and Derreck Barker.
