$97.5M retail, office portfolio sells in 1031 exchange

Buyer used equity from California sale to reinvest in Arizona
Published on Sep 28, 2006

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by CareyBot

Lee & Associates negotiated the sale of a mixed-use (retail and office) portfolio for $97.5 million as part of a 1031 exchange in Scottsdale, Ariz. The 329,740-square-foot portfolio includes La Mirada retail and office center (148,773 square feet) and Scottsdale ...