Helix Capital Acquires Two New Commerical Properties
September 19, 2014
Pebble Creek Plaza Retail Pads in Goodyear and Zanjero Falls Pad in Glendale are Newest Additions to Commercial Real Estate Company’s Portfolio
PHOENIX – (September 17, 2014) – Helix, an Arizona-based commercial real estate brokerage, management, investment services and development company, recently acquired two new commercial properties: Pebble Creek Plaza Retail Pads in Goodyear, Ariz. and Zanjero Falls in Glendale, Ariz.
Located at Pebble Creek Parkway and Virginia Ave. in Goodyear, Pebble Creek Plaza Retail Pads includes a 39,204 square foot development pad that is now ready for development or build-to-suite, as well as a 29,612 square foot land lease, which is leased by Kentucky Fried Chicken through 2029. The property was purchased for $1.05 million from Eagle SPE Multi I, Inc. The broker for the seller was Justin Cirell of R.O.I. Properties, and the broker for the buyer was Matt Lyons of The Hogan Group, LLC.
In Glendale, Helix Capital also acquired the 10-acre plot of vacant commercial land named Zanjero Falls. Located at 91st Ave. and Glendale Ave., the property is adjacent to the 130,000 square foot office complex and just south of the proposed West Valley Resort & Casino and neighbors a Class A office development consisting of 147,405 square feet. The property was purchased for $1.23 million from Healthcare Solutions. The brokerage firm for the seller was Cobe Real Estate, and the brokerage firm for the buyer was The Hogan Group.
With expertise in acquisition, construction, development and disposition of millions of square feet of real estate in Arizona and throughout the Southwest, the Helix team has worked in nearly every segment of the commercial real estate industry: office, retail, industrial, land, self-storage multi-family housing, assisted living and medical.
For more information, please visit www.helixaz.com or call 602.648.2020.