Three restaurants on San Tan Village Parkway across from the Gilbert shopping mall were sold in separate related transactions Aug. 18, according to commercial real estate website vizzda.com.
The restaurants were Birdcall, 2220 S. San Tan Village Parkway; Cooper's Hawk Winery, 2290 S. San Tan Village Parkway; and Shimogamo Sushi & Grill, 2320 S. San Tan Village Parkway.
An entity tied to Landmark Companies purchased a 29% interest in the properties while LeSueur Investments retained a 71% interest through three transactions totaling $14.69 million from an entity also tracing to LeSueur Investments.
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Three restaurants on San Tan Village Parkway across from the Gilbert shopping mall were sold in separate related transactions Aug. 18, according to commercial real estate website vizzda.com.
The restaurants were Birdcall, 2220 S. San Tan Village Parkway; Cooper's Hawk Winery, 2290 S. San Tan Village Parkway; and Shimogamo Sushi & Grill, 2320 S. San Tan Village Parkway.
An entity tied to Landmark Companies purchased a 29% interest in the properties while LeSueur Investments retained a 71% interest through three transactions totaling $14.69 million from an entity also tracing to LeSueur Investments.
No debt was recorded in connection with the transactions.
The three restaurants total 20,357 square feet and were built in 2023 on a total of 3.92 acres zoned regional commercial.
Birdcall is a 2,843-square-feet fast-casual restaurant with drive thru while Cooper's Hawk Winery is 10,655 square feet and Shimogamo Sushi & Grill is 6,859 square feet.
