Disclosure: Rose Law Group represents Michael Pollack
By Angela Gonzales | Phoenix Business Journal
Long-time real estate investor and developer Michael Pollack is laser-focused on his goal of bringing distressed properties back to life.
So it was no surprise when he raked in $6.4 million on the recent sale of Sun Valley Plaza in Mesa after buying it for $3.1 million in 2005.
When he bought the retail center at 7246-7336 E. Main St., the property was mainly boarded up and only 16% occupied. Since then, he has invested more than $1 million into the 94,094-square-foot property and boosted occupancy to 96%.
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