LevRose Commercial Real Estate/TCN Worldwide has released the top notable transactions for March of 2021

By Rose Law Group Reporter

Zak Kottler, Joe Cosgrove, Hunter Chasse, and Aaron Cook of LevRose/TCN Worldwide facilitated the sale of 8742 E. Via de Commercio in Scottsdale. Totaling 11,787 square feet, the office building was sold by Canyon Capital X, LLC for $3,900,000 in late March and purchased by Zacapa XO, LLC.

The sale of 8749 S. Rural Road in Tempe, Arizona was facilitated by Jon Rosenberg, Keri Davies, and Jason Reddington of LevRose/TCN Worldwide, who represented the Buyer in the transaction. Totaling 3,480 square feet, the retail building occupied by Arizona’s home grown Postino was sold by Tempe Public Market, LLC as a Single Tenant NNN Investment. The Buyer, 4422 Ventures, LLC purchased the investment for $2,400,000 in mid-March at a 5.8% CAP rate.

Totaling 5,537 square feet of retail space, Danielle Davis and Garrett Pedicini of LevRose/TCN Worldwide negotiated the 10 year lease of 14870 N. Northsight Blvd to Tint World. This deal brings the Center to just under 100% capacity with only one space left available. This is the franchisees first location in Arizona with more on the way.

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