Sand Capital acquires Four Peaks Plaza

Sand Capital acquires Four Peaks PlazaSand Capital, a privately held real estate investment company, located in Scottsdale, Ariz., has just closed on 140,390 square foot Target-anchored power center in Fountain Hills. Sand Capital is the financial arm and sister company to Sandor Development Company, which was founded in 1963 in Indianapolis, Indiana. Sandor owns and manages more than 8 million square feet of shopping centers in 25 states throughout the United States.

Four Peaks Plaza at 16735-16845 East Shea Boulevard is located in the northern Phoenix suburb of Fountain Hills. The center is comprised of 28 units and three outlots. Some of the major national tenants include Ross Dress for Less, Petco, Pier 1 Imports, Hi Health, Dollar Tree, Starbucks, Subway and O’Reilly Auto Parts. The leasing flyer is attached.

Information from AZRE Magazine

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$22M Sale of Flex-Office in Deer Valley 

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