Orion Arranges $3.5M Sale of Family Dollar-Anchored Retail Center in Phoenix
PHOENIX — Orion Investment Real Estate has negotiated the sale of Bell Canyon Plaza, a multi-tenant retail center located at the corner of 24th and Roosevelt streets in Phoenix. Ramsey Real Estate Group acquired the property from Ten Fourteen 24th Associates for $3.5 million, or $194 per square foot.
Family Dollar anchors Bell Canyon Plaza on a newly extended lease. Additional tenants include Taco Bell and MetroPCS.
Ari Spiro, Derek Buescher and Jared Williams of Orion represented the buyer and seller in the deal.