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.