REBusinessOnline

Cushman & Wakefield Brokers $25.8M Sale of Sprouts-Anchored Center in Chandler, Arizona

Sprouts Farmers Market anchors The Plant, a newly developed shopping center in Chandler.

CHANDLER, ARIZ. — Cushman & Wakefield has arranged the $25.8 million sale of The Plant, a newly developed, 56,831-square-foot shopping center in Chandler.

Ryan Schubert and Michael Hackett of Cushman & Wakefield arranged the transaction on behalf of the seller, Common Bond Development Group. Sarofim Realty Advisors acquired the asset.

Sprouts Farmers Market anchors the center, which was fully leased at the time of sale to tenants including Dairy Queen, Café Rio and Starbucks Coffee.

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