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7119 East Shea Boulevard
SOLD

Whitestone REIT Acquires Scottsdale Commons Retail For $22.15M Via CBRE

7119 East Shea Boulevard

Retail
6,948 SF
clock iconSold 30 days ago
Benjamin (Ben) Farthing
Joseph R. Compagno
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Summary

Sale
ARIZONA
Retail
6,948 sqft

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Benjamin (Ben) Farthing 's profile picture
Benjamin (Ben) Farthing
CBRE-image
Vice President
$50.4M Sold
Joseph R. Compagno's profile picture
Joseph R. Compagno
CBRE-image
Senior Vice President
$50.4M Sold
CBRE's profile picture
CBRE
CBRE

Details

Deal Summary
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SOLD
IMAGE: 04/08/2024 ADDRESS: 7119 East Shea Boulevard MARKET: Scottsdale, AZ ASSET TYPE: Retail ~ ACRES: 6.21 SELLER: Trojan Development Associates III, LLC & Whitestone REIT BROKERS: Benjamin Farthing & Joseph R. Compagno - CBRE SALE PRICE: $22,150,000 SF: 69,482 ~ PPSF: $319 NOTE: CBRE facilitated the $22.15 million all-cash acquisition of Scottsdale Commons, a Class A shopping center in Scottsdale, by Whitestone REIT. The 69,482 sq.ft. property, located at 7119 E. Shea Blvd., boasts a 95% occupancy rate and houses prominent tenants like BevMo and Prep Kitchens.

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Address7119 East Shea Boulevard

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