SOLD: Gilbert Fiesta Shops II | Anchored by Fry’s (Kroger) Grocery Store | Gilbert, AZ
ORION Represents Seller in Fry’s Shadow Anchored Shops January 18, 2018 | Gilbert, AZ GILBERT – Located along the Loop 202 retail corridor in Gilbert, within proximity to multiple new developments of retail, office, automotive, education, and residential, Gilbert Fiesta Shops sold for $3,500,000 at a 7% cap rate. The 21,900-square foot shopping center […]
SOLD: NNN Leased Daycare Property | Phoenix AZ
ORION Represents Both Buyer and Seller in Local Daycare NNN Investment January 17, 2018 | Phoenix, AZ PHOENIX – ORION Investment Real Estate facilitated the sale of a fully occupied, freestanding building for $385,000, or $196 per square foot. Selling at a 10.3% cap rate, the building was NNN leased to a local daycare operator, […]
SOLD: Owner/User Retail Center in East Phoenix – Off Market
ORION Reps Buyer in East Phoenix Retail Sale December 19, 2017 | Phoenix, AZ PHOENIX – ORION Investment Real Estate facilitated the sale of a freestanding retail building, located along Cave Creek Road, for $350,000 ($69/SF). The building exhibits excellent visibility and frontage, with over 25,000 vehicles passing per day on Cave Creek Road. It […]
SOLD: Owner/User Office Warehouse in South Scottsdale
ORION Facilitates Owner/User Sale in South Scottsdale December 5, 2017 | Scottsdale, AZ SCOTTSDALE – ORION Investment Real Estate recently negotiated the owner/user office building sale, located at 8101 East McDowell Road in Scottsdale, for $2,200,000 ($127/SF). It consists of approximately 18,000 square feet of office and warehouse space with three roll-up doors, situated in […]
Commercial Real Estate & Business News – October 4, 2017
Prices Rise for Apartment Buildings, But Fewer Properties Sell Investors continue to buy fewer apartment properties than they did last year. Yet prices continue to rise. “It’s another down month for volume, but prices are still increasing,” says James Costello, senior vice president for Real Capital Analytics (RCA), a New York City-based research firm. Usually […]
SOLD: Bell Plaza Retail Center | Phoenix, Arizona
SOLD: Bell Plaza Retail Center | #Phoenix #Arizona #CRE