Saturday, October 26, 2013

Scottsdale Galleria sells for nearly $69 million

The Scottsdale Galleria, once an iconic shopping center, has sold for almost $69 million.

Los Angeles-based investors Stockdale Capital Partners and Oaktree Capital Management bought the 537,110-square-foot property now known as the Galleria Corporate Centre.

The Arizona Republic reported in June Stockdale’s Managing Partner Steven Yari was acquiring the Galleria.

Read more...Scottsdale Galleria sells for nearly $69 million

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