CBRE Arranges $13.1M Sale of Tri-City Pavilions in Mesa

MESA, ARIZ. — CBRE has arranged the sale of Tri-CityPavilions, a 96,336-square-foot shopping center anchored by Safeway in Mesa.

Bob Young, Glenn Smigiel, Steve Brabant and Rick Abraham of CBRE’s Phoenix office negotiated the transaction on behalf of the seller, J.G. Management Co. of Westlake Village, California. The buyer is Fairfield, N.J.-based Lamar Cos. The property, located at the northeast corner of Dobson Road and Main Street, was 75 percent leased at the time of sale.