Popular Scottsdale shopping center sells for $31M

The Scottsdale Towne Square is located near Scottsdale and Thunderbird roads and is anchored by a Natural Grocers. /Photo courtesy of CBRE

By AZRE

CBRE Group, Inc., completed the sale of Scottsdale Towne Square, a 162,259-square-foot grocer-anchored center at 13802 N. Scottsdale Rd. in Scottsdale, Ariz.

The seller, Holualoa Scottsdale Retail LLC, based in Tucson, Ariz., was represented by CBRE’s Phoenix Bob Young, Glenn Smigiel, Steve Brabant and Rick Abraham.

The buyer is Salt Lake City-based Woodbury Corporation, a full-service real estate and development company. Total consideration for the sale was $31 million.

Continued:

Share this!

Additional Articles

News Categories

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.