WILLOW CROSSROADS SELLS FOR $5.8 MILLION

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PRESCOTT, ARIZ. — An investment company formed by Goodyear, Ariz.-based Zaharia Opera has purchased Willow Crossroads, a retail center located at 3180-3196 Willow Creed Rd. in Prescott. The transaction price of $5.8 million includes the Fry’s-anchored center, as well as a ground-leased pad. At the time of acquisition, the property was 95 percent occupied. Ryan Schubert and Michael Hackett of Grubb & Ellis|BRE Commercial represented the sellers, Bruce Utterback and Jack Wilson, in the transaction.

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