PHOENIX—Kyrene Village Shopping Center, a 161,000-square-footcenter anchored by Walmart, has sold to Kyrene ShoppingCenter LLC of Delaware LLC, controlled bya Nevada-based trust. Arizona Partners was theseller. The list price was $20 million.

Pooya Dayanim, managing director ofDayanim Acquisitions, a Beverly Hills-based realestate investment advisory group servicing high net-worthinvestors, represented the buyer. Reza Etedali ofReza Investment Group represented the seller inthe transaction.

The asset is located on the northeast corner of Kyrene andChandler Roads.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.