±16,333 SF OFFICE BUILDING SOLD IN MESA, AZ

Superstition Springs Corporate Center

Commercial Properties, Inc., Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of 1234 S Power Road in Mesa, Arizona. Tyson Breinholt & Shane McCormick of CPI’s Tempe Office Investment Group represented the seller, Mesa Springs LLC, and the buyer, Vista Capital Fund LLC.

The ±16,333 SF, Class B office building was built in 1988 and is located adjacent to Superstition Springs Mall. Tyson Breinholt commented. “This two-story office building features a nice interior lobby & common areas suitable for professional office tenants. The property offers easy access with frontage on the west side of Power Road, and is just off the US-60 in the Superstition Springs Mall District.”

The new owner/investor, Vista Capital Fund LLC purchased the multi-tenant property, which closed at a value of $1.19 million.

Commercial Properties Incorporated, and Tyson Breinholt and Shane McCormick have retained the leasing for this property.

Tyson Breinholt and Shane McCormick may be contacted for additional information and leasing at tbreinholt@cpiaz.com, or 480.966.7513 or smccormick@cpiaz.com or 480.968.9618.

About Commercial Properties Inc./CORFAC International
CPI is a CORFAC International affiliate, full-service Brokerage and Property Management firm for all product types. Headquartered in Tempe, the company has more than 50 brokers and occupies two offices locally. Currently, CPI’s listings include over ±16.7 million square feet for sale/lease, and 140 projects under property management, totaling more than 4.7 million square feet. Please visit our web site at www.cpiaz.com.