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.