Regency Centers Sells Pima Crossing in Arizona for $46.2 Million

PGA Superstore anchors Pima Crossing in Scottsdale, Arizona. PGA Superstore anchors Pima Crossing in Scottsdale, Arizona.

Scottsdale, Ariz. — Regency Centers L.P. has sold Pima Crossing, a 283,275-square-foot shopping center located in Scottsdale, for $46.2 million.

The property was acquired by an entity formed by Los Angeles-based Karlin Real Estate. PGA Superstore anchors the center, which is also home to tenants including Pier 1 Imports, Lifetime Fitness, Stein Mart, Scottsdale Beer Company and Discount Patio. Michael Hackett and Ryan Schubert of Cushman & Wakefield represented the seller in the transaction. 

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