CBRE buys Kohl’s store in Avondale

Kohls-Avondale-CBREAZRE Magazine

CBRE has completed the sale of a single tenant net leased Kohl’s department store located at 1611 N. Dysart Rd. in Avondale, Ariz. The 88,402-square-foot retail property commanded a sale price of $10.6 million.

Joseph Compagno Vice President with CBRE’s Phoenix office represented both the buyer and the seller in the transaction. The seller was La Jolla, Calif.-based Collins Family Trust, Stanford Decedents Trust and Sarn Family Trust. The buyer was Investors Associated LLP of Oconomowoc, Wis.

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