Congratulations to Levrose Commercial Real Estate/TCN Worldwide in Phoenix and Barclay Street Real Estate/TCN Worldwide in Calgary on this recently completed transaction.
Triumph Real Estate Investment Fund, a Canadian Investment Fund associated with TCN member firm Barclay Street Real Estate, has sold a Metro Phoenix shopping center, Triumph Bell West Ranch for $5,182,000. Click to view the press release.
Triumph Bell West Ranch, a 20,225 square foot shopping center at 16846 W. Bell Road in Surprise, AZ, was purchased in 2016 for $3,985,000. The property, which was 93.2% leased at the time of the sale, included several outstanding tenants, including Pizza Hut, Orange Theory, Musical Surprise and Mule Creek Saloon.
David Wallach of Barclay Street Real Estate/TCN Worldwide in Calgary worked with Jon Rosenberg and his team at Levrose Commercial Real Estate/TCN Worldwide in Phoenix on the acquisition, leasing of vacancy, and disposition of this property.