Crow Holdings Capital Acquires The Shops At Sossaman Retail Center In Mesa, AZ For $8.1M

The Shops at Sossaman, a 34,151-square-foot neighborhood shopping center located at 7641 East Guadalupe Road in Mesa, Arizona, has been sold in a transaction valued at $8.1 million. The buyer of the property is Bob McClain, representing Crow Holdings Capital, while the seller is Joshua Perttula from Abington Emerson Investments.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $8,100,000
• Address: 7641 East Guadalupe Road, Mesa, AZ
• Market: Mesa, AZ
• Buyer: Bob McClain - Crow Holdings Capital
• Seller: Joshua Perttula - Abington Emerson Investments

The deal was facilitated by Chase Dorsett, Jesse Goldsmith, and Steve Julius from Newmark, who served as the brokers in the transaction. The sale price of $8.1 million translates to a price per square foot (PPSF) of $237 for The Shops at Sossaman.

Note: A joint venture managed by Crow Holdings Capital successfully acquired The Shops at Sossaman from Abington Emerson Investments, marking a significant investment in Mesa, Arizona's retail market.