A retail portfolio comprising four metro Phoenix retail assets totaling 29,001 square feet and three fully improved retail pads ready for development sold for $21.45 million.
Glenn Smigiel, Bob Young, Steve Brabant, Rick Abraham, Bill Bones and Chris Ryan of CBRE represented the seller, TradeCor LLC, in the transaction. Bruce Francis, Bob Ybarra, Dana Summers, Shaun Moothart and Doug Birrell of CBRE Debt & Structured Finance secured an $11.1 million loan on behalf of the buyer. The portfolio was…
