November 22, 2024 11:02 am
Facebook Twitter Youtube Instagram Linkedin
Rose Law Group

CVS/Pharmacy and retail shops at 16th Street and Camelback sells for $600 per foot

retail shops

Business Real Estate Weekly by Rose Law Group

Phoenix – A company formed by Crow Holdings Capital Partners LLC in Dallas, Tex. paid $19.75 million ($599.16 per foot) to buy 32,963 sq. ft. of retail shops at the northeast corner of 16th Street and Camelback Road in Phoenix. The seller was a company formed by investor Gordon Dreisbach of Lake Havasu City. The cash sale was brokered by David Bernstein, Dave Murphy and David Vallecorsa of Bernstein Murphy in Scottsdale. The retail plaza, called Camelback Center, is fully occupied. The project, which was developed in 2003, includes a 13,813-square-foot building leased to CVS/pharmacy and 19,150 sq. ft. of shop space. Maricopa County records show the new owner is CH Realty VI/R Phoenix Camelback LLC, a fund managed by Crow Holdings Capital Partners. The seller was Orange Grove Apartments LLC (Dreisbach’s entity). Continued

View Larger Map

As reported in:

DM BREW RLG logo

Share this!

Additional Articles
News Categories

Get Involved

Stay Informed

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.

learn more

Recent Articles

Post Calendar

Rose-Law-Group-RCF-Logo-FINAL-LG-png.png
Facebook Twitter Youtube Instagram Linkedin
© 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.