The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
March 29, 2024
 Search RENTV
   Go!
 The REview
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



RETAIL NEWS
Printer-friendly Version   Email an Associate
Canadian Investor Spends $25 Mil on AZ Retail Asset

1/07/22

Ocotillo Plaza, a 117.3k sf retail shopping center in Chandler, AZ, sold for $25.1 mil ($214/sf). The property, located at the northwest corner of Alma School and Queen Creek roads, was acquired by a Canadian investment entity.

Ocotillo Plaza is a high-quality, grocery-anchored shopping center situated on approximately 13 acres. The property is located between two of the Southeast Valley’s largest employment corridors, the Price Road employment corridor and Chandler Airpark, home to many Fortune 500 companies, with further office and industrial development on the horizon.

The center was 96.5% leased to a diverse COVID and e-commerce resistant tenant roster at the time of sale.

Michael Hackett and Ryan Schubert with Cushman & Wakefield in Phoenix represented the seller, an entity formed by Arizona-based DeRito Partners, in the transaction. The buyer was Ocotillo Plaza Chandler LP, based out of Saskatoon SK Canada.





Return to the Archive page
 
 
 
 
 



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

Copyright © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media