PHOENIX — Higley Village, a 44,484-square-foot mixed-use plaza in Phoenix, has sold to Jorde Hacienda for $3,750,000 million. The plaza includes 22,527 square feet of retail space throughout three buildings, 21,957 square feet of office space throughout three other buildings, a 3.53-acre parcel that will house a gas/convenience/fast food stop and a .70-acre pad that will house a 33,061-square-foot office building. Higley Village was built in 2007. The retail portion was 31 percent occupied and the existing offices were 80 percent occupied at the time of sale. Jorde Hacienda intends to stabilize and hold the property. Kevin Petersen of Petersen Properties & Management represented Jorde Hacienda. Rick Danis, Paul Boyle, Ryan Schubert and Michael Hackett with Cassidy Turley BRE Commercial’s Capital Markets Group represented the seller, Meridian Bank.
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