9.6 ACRE PROPERTY SELLS FOR $2.37 MILLION IN CHANDLER, AZ

Commercial Properties Incorporated (CPI) announces the sale of a 9.6 acre property located in the East Valley on the Northwest corner of Alma School Rd and Pecos Rd in Chandler, Arizona. Shane McCormick of CPI worked with both parties involved the transaction. The seller was, Hatcher Plaza, LLC, which was formed by Michael Pollack of Michael A. Pollack Real Estate Investments in Mesa. McCormick negotiated the cash sale with Alta Vista Communities ASNE LLC from Tucson, who purchased the 9.6 acre property for $2,375,000.

”Over the last eight months, I have enjoyed assisting in the site selection and in getting this project rezoned for a 112 unit rental community. This is their first development in Phoenix and we are currently assisting in identifying new sites for more units in Gilbert and Chandler,” said McCormick. Contact Shane McCormick at (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 over 50 brokers and occupies two offices locally. Currently, CPI’s listings include more than 55.5 million square feet for sale/lease, and over 120 projects under property management, approaching 4.5 million square feet. Please visit our web site at www.cpiaz.com.