April 20, 2024 8:51 am
Facebook Twitter Youtube Instagram Linkedin
Rose Law Group

Sale of AJ’s center at Lincoln and Scottsdale Roads may bring new use

AJ's

Business Real Estate Weekly by Rose Law Group

AJ'sScottsdale – In a deal set to close at press time, a company formed by Jim Shough in Phoenix is expected to pay $25 million ($330 per foot) to buy a retail center located at the southwest corner of Scottsdale Road and Lincoln Drive in Scottsdale. The new owner is considering all possibilities for the 7.25-acre property, including a major renovation with retail and residential uses. The 74,744-square-foot plaza is comprised of five buildings, including 31,000 sq. ft. occupied by AJ’s Fine Foods at 7141 E. Lincoln Drive. Shough’s entity is purchasing the Scottsdale shopping center in a 1031 Exchange after selling the South Mountain Crossing retail plaza in Phoenix. Continued

View Larger Map

As reported in:

DM BREW RLG logo

Share this!

Additional Articles
News Categories

Get Involved

Stay Informed

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

learn more

Recent Articles

Post Calendar

Rose-Law-Group-RCF-Logo-FINAL-LG-png.png
Facebook Twitter Youtube Instagram Linkedin
© 2024 Rose Law Group Reporter

Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.