Scottsdale mixed-use project sells for $14 million
A Scottsdale mixed-use project the Grove at McCormick Ranch was sold for $14 million.
The project, at 7300 and 7400 N. Via Paseo Del Sur, features 27,956 square feet of space that is fully leased. It was bought by McCormick Project LLC and was sold by McCormick Retail Partners LLC.
Eric Wichtelrman and Mike Coover with Cushman & Wakefiled in Phoenix represented the seller. Scott Boardman and Brent Mallonee of the firm provided advice in the deal.
You must be a member to read this story.
Join our family of readers starting at $5 for your first month and support local, unbiased journalism.
Click here to see your options for becoming a subscriber.
Register to comment
Click here create a free account for posting comments.
Note that free accounts do not include access to premium content on this site.
I am anchor
Real estate
Scottsdale mixed-use project sells for $14 million
Posted
A Scottsdale mixed-use project the Grove at McCormick Ranch was sold for $14 million.
The project, at 7300 and 7400 N. Via Paseo Del Sur, features 27,956 square feet of space that is fully leased. It was bought by McCormick Project LLC and was sold by McCormick Retail Partners LLC.
Eric Wichtelrman and Mike Coover with Cushman & Wakefiled in Phoenix represented the seller. Scott Boardman and Brent Mallonee of the firm provided advice in the deal.
“The project enjoyed tremendous success during 2020, with nearly half of the project leasing despite the challenges of the pandemic that particularly deeply impacted the office and retail sectors," Mr. Wichterman said.
Comments
No comments on this item Please log in to comment by clicking here