Glenwood Development Co., a Mesa-based real estate firm, bought a Safeway-anchored shopping center in Prescott for $13.1 million.
Kevin Fryman, Edward Hanley and Lee Csenar of Hanley Investment Group represented the seller, Columbus Pacific Properties of Santa Monica, California, in the sale. The buyer was self-represented.
The shopping center, on 15.26 acres at 1042 Willow Creek Road, is 97% occupied by tenants including Safeway, C-A-L Ranch Stores and Bealls Outlets.
