Red Mountain Group Sells Multi-Tenant Retail Property in Phoenix for $1.6M

by Amy Works

PHOENIX — Orange County, Calif.-based Red Mountain Group has completed the sale of a shopping center in Phoenix to North Creek LLC for $1.6 million.

At the time of sale, the 5,587-square-foot property was fully occupied by four tenants. The asset is located at 12831-12839 N. Cave Creek Road in Phoenix.

Jonathan Selznick of Lee & Associates represented the seller in the deal.

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