Premier Business Centers

The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership Subscriber Home Newsletter Contact Us Advertise
March 30, 2017
 Search RENTV
 Video Programs
News Home Page
Southern California
Northern California
Pacific Northwest
Prop. Management
Press Releases
 R. E. Marketplace
Service Providers
Property Spotlight
Online Store
 Executive Subscribers
Subscriber Home
Subscriber Login:
Forgot Password?

Printer-friendly Version   Email an Associate
Arizona Mixed-Use Asset Trades for $34 Mil


Park West, a 46-acre, mixed-use center in Peoria, AZ, was purchased by San Diego-based CIRE Investments LLC for $34.45 mil. The property, located at the northwest corner of Loop 101 and Northern Ave, was sold by Park West LLC in partnership with The Howard Hughes Corporation of Dallas, TX.

Recently constructed and anchored by a 14-screen Harkins Theatre, Park West features entertainment, restaurants, traditional retail and service businesses. As an upscale destination in the West Valley, the center is home to tenants such as Flemings Steakhouse, BJís Brewhouse, Grimaldiís Pizza, Victoriaís Secret, Bath & Body Works, The Joint and Vivaldi Salon.

Located on the Peoria/Glendale border in Metro Phoenix, the property includes an additional 18 acres of development land. Excluded from the sale, but within the 74-acre Park West site, is Vue Park West, a luxury three-story multifamily community comprised of 260 units that is within walking distance to many retail, restaurant and entertainment options.

Greg Valladao, Brad Douglass, Chris Hollenbeck and Sean Lieb of Cushman & Wakefield represented the seller in the transaction.

Return to the Archive page
Lone Oak Fund Dec 2014





Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings | Online Store

Copyright © 2017 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media