LevRose Commercial Real Estate/TCN Worldwide is proud to announce the successful sale of The Grand, a prominent ±39,000 SF office complex in Phoenix. Keri Davies and Jason Reddington, esteemed listing brokers, were instrumental in orchestrating the transaction, which culminated in an impressive acquisition by Streamline Capital for $5 million in June.
Serving as the listing brokers for The Grand, Keri Davies and Jason Reddington successfully managed the sale of this ±39,000 SF office complex, which had a vacancy rate of 29% as of July 11. Streamline Capital acquired the property for $5 million in June, and now has ambitious plans for revitalization. They intend to enhance the complex by renovating the parking lot, introducing energy-efficient LED lighting, and improving the landscaping to rebrand the complex as The Grand on 44th.