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1478 North Litchfield Road
SOLD

Raymond Arjmond's Affiliate Acquires Palm Valley Pavilions West Shopping Center In Goodyear For $59M

1478 North Litchfield Road

Retail
232,797 SF
clock iconSold 131 days ago
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Summary

Sale
ARIZONA
Retail
232,797 sqft

An affiliate of Raymond Arjmond has acquired the Palm Valley Pavilions West shopping center in Goodyear, Arizona, for $59 million. The property is a retail asset with a total square footage of 232,797. It is located at 1478 North Litchfield Road in the Goodyear market. The purchase price per square foot comes out to be $253.

Summary of transation details

  • Property Type: Retail
  • Transaction Amount: $59,000,000
  • Address: 1478 North Litchfield Road, Goodyear, AZ
  • Square Footage: 232,797
  • Buyer: Affiliate of Raymond Arjmond
  • Seller: David Luski - DRA Advisors

This transaction marks a strategic move in the retail real estate market, as Raymond Arjmond's affiliate acquires the Palm Valley Pavilions West shopping center in Goodyear, Arizona for $59 million. The buyer and seller in this deal are represented by David Luski of DRA Advisors.

Details

Deal Summary
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SOLD
IMAGE: David Luski DATE: 12/28/2023 ADDRESS: 1478 North Litchfield Road MARKET: Goodyear, AZ ASSET TYPE: Retail BUYER: Affiliate of Raymond Arjmond SELLER: David Luski - DRA Advisors SALE PRICE: $59,000,000 SF: 232,797 ~ PPSF: $253 NOTE: Raymond Arjmond's affiliate has acquired the Palm Valley Pavilions West shopping center in Goodyear, Arizona, for $59 million, marking a strategic move in the retail real estate market.

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Address1478 North Litchfield Road

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