Press Release

The sale of Greenway Center, a 23,000 square foot retail/office/warehouse built in 1982 was recently recorded.  The location of the property is 2802/2822 E Greenway in Phoenix, Arizona.  The property sold to MRL Greenway LLC.  The seller was Greenway Center LLC.  The sales price was $2,065,000, which equates to $90 per square foot.  The building was 100% occupied at closing. The seller had owned the property since 1995.

Mark Rein of Rein & Grossoehme represented the seller and the buyer.  Mark Rein specializes in the sale of shopping centers and has sold 104 such properties over the years.

Rein & Grossoehme specializes in the sale of investment properties and retail, office and industrial leasing.

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