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Thursday, 17 May 2018

Gilbert, Ariz., Retail Center Trades for $51.4Mln

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CP Retail Inc. has purchased the 285,581-square-foot SanTan Village Marketplace in Gilbert, Ariz., for $51.4 million, or $180/sf.

The Santa Monica, Calif., investor bought the property, on 25.7 acres at 2796 South Market St., from a venture of Blackstone Group and DDR Corp., which had acquired it...

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Additional Info

  • Syndicate to Realpoint: No
  • States: Arizona
  • Sector: Retail
  • Subject: Property Acquisitions (ACQ)
  • Valuation: Between $50 million and $100 million
  • Private: Yes
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Dan Moynihan

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