Surprise, Ariz. – LevRose Commercial Real Estate, a leading Scottsdale based commercial real estate brokerage closed the sale of a multi-tenant retail center in Surprise, Arizona for $2.6 million.
Located at 12100 N. Dysart Road, the sale was facilitated by Mark Cassell and Trenton McCullough of LevRose Commercial Real Estate. The property was sold to the Houston based buyer KM SKYWAY COMMONS, LLC. Cassell and McCullough represented the Denver based group, Surprise Retail, LLC c/o Northstar Commercial Partners in the transaction.
“We were extremely excited and honored to work with both groups on this transaction,” said Cassell. “Timing was perfect for both parties which allowed for a successful deal. Skyway has a great story and the Surprise market has a lot of growth to make it a key player in the Metro Phoenix Market. Skyway Commons will prove to be a fantastic investment due to the ‘service-based’ nature of strip. Investors are increasingly looking for shopping centers with a tenant roster like this that allows for upside through additional lease up.”
With an expertise in office and retail, tenant/landlord representation and sales transactions, LevRose Commercial Real Estate has been serving the Valley since 1992. Locally owned LevRose is affiliated with TCN Worldwide, a consortium of independent commercial real estate firms providing complete real estate solutions locally, nationally and internationally.