Thursday, December 19, 2019

Scottsdale shopping center sells for $66.7M

After going through a massive re-leasing effort during the past few years, the Shops at Gainey Village, a large Scottsdale shopping center, has been sold.

According to documents filed with the Maricopa County, the retail center was sold Dec. 16 for $69.7 million by Principal Real Estate Investors LLC to First Washington Realty Inc. Principal purchased the property in 2005 for $73 million, according to county records.

Read more... https://www.bizjournals.com/phoenix/news/2019/12/18/rebooted-scottsdale-shopping-center-sells-for-70.html

Thursday, December 5, 2019

Scottsdale city council approves Southbridge development

The city says the high-rise development could bring more vitality to the downtown area, but some are concerned it means losing Old Town's classic charm.

Read more... https://www.12news.com/article/news/local/valley/scottsdale-city-council-to-discuss-southbridge-development/75-7e9529c6-3dea-4410-88e0-415631db9907

Real Estate News