EAST THUNDERBIRD SQUARE SOUTH SELLS FOR $20.5M

by admin

SCOTTSDALE, ARIZ. East Thunderbird Square South, a 161,997-square-foot, grocery-anchored shopping center in Scottsdale, has sold to Holualoa Companies for $20.55 million. The square was 64 percent leased at the time of sale. Notable tenants include Smart & Final, AZ Air Time, Bridgestone Tires, Leslie’s Poolmart and Steinway Piano Showroom. The three outparcels that house M&I Bank, Burger King and Taco Bell were not part of the sale. Glenn Smigiel, Bob Young, Steven Brabant, Rick Abraham, Nancy Romanovsky, Kevin Schuck and Max Bippus of CBRE’s Phoenix office represented the seller, Gregg Williams of Trident Pacific Real Estate, the court-appointed receiver for the asset, in this transaction.

You may also like