Newmark Grubb Knight Frank is pleased to announce the sale of the ±9,850 square-foot single-story office building located at 1850 E. Thunderbird Rd in Phoenix, AZ.

 

Managing Director Sheila Bale and Associate Ryan O’Connor both with Newmark Grubb Knight Franks’ Phoenix office, represented the Buyer, SAPO Properties, LLC.  The property was purchased for $1.325M from North Mountain Plaza LLC who was represented by Eric Wichterman and Mike Coover of Cassidy Turley.  The seller will lease back a portion of the building and the buyer plans to occupy the remainder of the property which is located within close proximity to the SR 51 freeway as well as other retail amenities.