REBusinessOnline

RETAIL PROPERTY SELLS FOR $4 MILLION

Posted on by in Retail, Western

CHANDLER, ARIZ. — Montana-based Highland Properties 2308 LLC has purchased an office/retail property, which is located at 8 S. San Marcos Pl. in historic downtown Chandler, for $4.03 million. Constructed in 1954, the 12,776-square-foot property is fully occupied with San Tan Brewery as the major tenant. Brian Ackerman and Karsten Peterson of Cushman & Wakefield of Arizona Inc. represented the seller, Chandler-based Desert Viking Properties LLC, in the transaction; Steve Julius, Eric Wolfe and Jesse Goldsmith of Marcus & Millichap’s Phoenix office represented the buyer.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

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