December 22, 2024 5:06 am
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Canyon Trails Towne Center sold

Cassidy Turley TOwne centerAZRE Magazine

Cassidy Turley announced it successfully sold Canyon Trails Towne Center, 625 S. Cotton Lane. Trigate Capital (Dallas) purchased the Goodyear power center for $23.5M. The seller was a Vestar formed partnership. Cassidy Turley’s Ryan Schubert, Michael Hackett and Dan Wald negotiated the sale transaction for both parties.

Hackett said, “Canyon Trails Towne Center is a freeway-oriented, regionally-drawing power center which services a growing area in metro Phoenix. With the additional development opportunities at Canyon Trails, the buyer has the potential to grow the center to over 850,000 square feet making this one of the best value add opportunities available.”

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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.