CBRE PRESIDES OVER 71,000-SQUARE-FOOT OFFICE SALE IN VALLEY OF THE SUN

SCOTTSDALE, ARIZ. — CB Richard Ellis has negotiated the sale of Mercado Del Rancho, a suburban office complex located at 10301 N. 92nd St. in north Scottsdale. The purchase price was not disclosed. Located directly across from the Scottsdale Healthcare Shea campus, Mercado Del Rancho consists of two two-story buildings totaling 71,200 square feet. CBRE’s Barry Gabel and Mindy Korth represented the seller, Washington, D.C.-based 10301 North 92nd Street Holdings LLC, a business unit of CWCapital Asset Management, in the transaction; the buyer was ESI Ventures, dba Black Canyon Place LLC.