April 19, 2024 11:57 pm
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Canadian group buys Gilbert center

Gilbert Crossing / AZBigMedia

By Mike Sunnucks | Rose Law Group Reporter

A Canadian group has bought the Gilbert Crossing shopping center for $11 million.

The East Valley center is located at Gilbert and Guadalupe roads.

Phoenix Commercial Advisors brokers Danny Gardiner and Chad Tiedeman represented the seller, Dallas-based TriGate Capital in the deal.

The buyer is Gilbert Crossing 18 LLC, according to public records. The entity is based out of Saskatoon, Saskatchewan.

The retail center totals 62,542 square feet. Its tenants include Crunch Fitness and Sunrise Preschools. It is located on a busy retail corner and just north of Gilbert’s popular Heritage District and its restaurants and bars.

TriGate bought the Gilbert Crossing center in 2012 as part of six-property  retail purchase that totaled $26.8 million.

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© 2024 Rose Law Group Reporter

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.