December 20, 2024 2:54 pm
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Bashas’-anchored center sold to Glenwood Development

The Shoppes at Highland Lakes
The Shoppes at Highland Lakes

Phoenix Business Journal

What: The Shoppes at Highland Lakes, a Bashas’ grocery store-anchored center totaling 87,500 square feet at the southeast corner of Ellsworth and Brown roads in Mesa, built in 2004

Price:$10 million Buyer: Glenwood Development Co.

Seller: Donahue Schriber Realty Group, the center’s original developer

Brokers: A Cassidy Turley team led by Ryan Schubert and Michael Hackett

The deal: Glenwood principals Robert Klepinger and Jerald Gerard have other holdings in the East Valley and Scottsdale.

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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.