Commercial Properties Inc. Arranges Sale of 12,849-Square-Foot Strip Center in Arizona

by Katie Sloan

Casa Grande, Ariz. — Commercial Properties Inc. (CPI) has arranged the sale of a 12,849-square-foot strip center located in Casa Grande.

The property was fully occupied at the time of sale by tenants including Cold Stone Creamery, UPS Store, Supercuts and Firehouse Subs. Sarge Glenn of CPI’s Industrial Team represented the seller, LBUBS 2004-C8 Retail 1664 LLC. Mike Sayre of Cushman & Wakefield represented the buyer, SimonMed Imaging, who purchased the property for $1.8 million.

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