Login

Out-Of-State Investors Buy Shopping Center Storefronts in Phoenix

Grocery Store-Anchored Shopping Centers Attract Buyers From California, Texas
Storefronts at a Safeway-anchored shopping center in West Phoenix were part of two retail property sales recently brokered by Newmark. (Newmark)
Storefronts at a Safeway-anchored shopping center in West Phoenix were part of two retail property sales recently brokered by Newmark. (Newmark)

Stores in two grocery store-anchored shopping centers in Phoenix sold in separate deals for a combined $14 million in the latest evidence that high investor demand for essential retail during the pandemic may last beyond the health crisis.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE