Newly Released: Top Notable Transactions for May of 2021
Pictured Above: 7881 E Gray Rd, Scottsdale, Arizona | Represented by Kottler Cosgrove Team
LevRose Commercial Real Estate/TCN Worldwide has released the top notable transactions for May of 2021:
Zak Kottler, Joe Cosgrove, Hunter Chasse, and Aaron Cook of LevRose/TCN Worldwide represented both sides of the transaction for 7881 E Gray Rd in Scottsdale, Arizona 85260. This 34,768 SF flex/industrial building sold for $5,500,000 ($158.19/SF) at 99.34% of the asking price.
Recently completed in May, the ±10,169 RSF medical office property at 20040 N 19th Ave in Phoenix, AZ sold for $2,300,000. Representing the seller, Cassia Properties LLC, this deal was facilitated by Michael Waxman and Foster Bundy of LevRose/TCN Worldwide. The multi-tenant building was purchased by Veiny Envy, LLC, an owner/user who plans to occupy a portion while there is a National Healthcare group in place occupying roughly ±6,500 RSF.
Zak Kottler, Joe Cosgrove, Hunter Chasse, and Aaron Cook of LevRose/TCN Worldwide represented the seller on the transaction for 4801 E McDowell Rd in Phoenix, Arizona 85008. This 21,672 SF two-story office building sold for $2,050,000 ($94.59/SF) to an owner/user.
Zak Kottler, Joe Cosgrove, Hunter Chasse, and Aaron Cook of LevRose/TCN Worldwide represented the seller on the closing of 9917 N 95th St in Scottdale, Arizona 85258. The 5,404 SF freestanding medical investment sold for 102.16% of the asking price at $1,841,442 ($340.76/SF).
With 10,900 square feet of office space, the sale of 916 S 52nd St in Tempe, Arizona was recently completed. Representing the buyer – Tempe Office LLC, this deal was facilitated by Keri Davies, Jason Reddington, and Jon Rosenberg of LevRose/TCN Worldwide.
LevRose Commercial Real Estate is a market leader in commercial real estate services in the Greater Phoenix metro area. Since 1992, Levrose has been helping clients with every aspect of leasing, buying, selling and managing Commercial properties. With some of the top professionals in the industry, Levrose takes a higher level of accountability for each client. Commercial Property management is handled through affiliate firm MODE Real Estate Management Services. MODE has a unique, professional approach to the management of office, retail and medical properties.