The private Scottsdale group, known as Chandler CenterInvestors, purchased the 25-year-old retail center at the corner of35th and Dunlap avenues. The center is anchored by PaylessCashways, a home improvement store, and has eight other retailshops.

The seller is Phoenix DLS, a group of private investors based inSanta Monica, CA. The local office of CB Richard Ellis representedthe seller, while brokerage RBI in Phoenix represented thebuyer.

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Retail