CBRE closes sale of West Star Plaza in Phoenix

PhoenixCBRE has completed the sale of West Start Plaza, a 9,300-sq.-ft. retail building on N. 893rd Ave. in Phoenix. Fully leased at the time of sale, the building commanded a price of $725,000. CBRE represented the seller, Robert J. Tufts, trustee of the Robert J. Tufts Revocable Living Trust of Salem, Ore. Patriot Commercial Properties represented the buyer, Arhtom Investments LLC.

West Star Plaza features a tenant roll with a mix of local tenants, a Little Caesar’s Pizza and DolEx Money Transfer. Located in West Phoenix, West Star benefits from a mix of residential, shopping and entertainment options within minutes of the property, including Desert Sky Mall and Ak-Chin Pavilion.
 

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