Lena Centers Acquires Foothill Shopping Center In Phoenix For $10.3 Million

The property asset involved in the transaction is a retail space located at 5833 South Central Avenue, Phoenix, AZ. The sale was finalized for $10,300,000, encompassing a total area of 78,186 square feet, which translates to a price per square foot of $132.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $10,300,000
• Buyer: Lena Centers
• Seller: S Clay Management
• Brokers: Steve Julius, Jesse Goldsmith & Chase Dorsett - Newmark

Newmark facilitated the transaction, representing the longtime owner S Clay Management during the sale of the Foothill Shopping Center.