In a sales leaseback deal, Sears Holdings Corp. has sold Arrowhead Towne Center and Chandler Fashion Center to the joint venture MS Portfolio for $26.9 million and the Arrowhead store to the same group for $23 million.
Sears will continue to operate the stores leasing backing the space from MS Portfolio.
The moves aim to monetize some of Sears’ large U.S. real estate portfolio.
Information from Phoenix Business Journal
By Ken Sain | Chandler Arizonan Chandler’s lobbyists told the City Council there are two major concerns they are watching when a new legislative session starts in January: Housing and water. And
By AZRE Transwestern Real Estate Services (TRS) announced that it brokered the $16.5 million sale of 24 acres of prime infill land in Phoenix. The Transwestern team of Senior Vice President
By Mary Goldmeer | YourValley The Goodyear City Council unanimously approved a proposal to purchase a 13-acre parcel for $8.4 million. The acquisition, is planned to support future expansion
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(Disclosure: Rose Law Group represents a coalition of property and business owners throughout Pinal County who have worked to bring new transportation infrastructure to the
Founder and President of Rose Law Group Jordan Rose, who represents many data center developers says, “A change in the zoning interpretation of where a date center can locate may
Led by Vice Chairman Thomas Galvin, the Maricopa County Board of Supervisors has extended an existing agreement with Mesa Public Schools and invested an additional
“Including a termination fee in a merger agreement is definitely beneficial, but in this particular case, it will likely lead to significant complexities and challenges
(Disclosure: Rose Law Group represents Francisco Grande Hotel and Golf Resort.) By Pinal Central The Casa Grande Board of Adjustment delayed deciding on an appeal
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