Upscale Scottsdale Gallery Sold for $2.45 Million

Phoenix, Ariz. – SVN Desert Commercial Advisors sells another multi-million dollar listing in Scottsdale.  Senior Advisor, Judy Jones represented the sellers of 4201 N. Marshall Way which has been home to the Calvin Charles Gallery for over ten years.  The upscale gallery brought together an eclectic blend of international artists living and working in the USA and Masters of Europe and Asia.  The property was redeveloped by Cal & Deborah Puckett who were avid collectors.

SVN Advisor, Judy Jones  met them when they moved to Scottsdale and helped them locate gallery space to lease.  After establishing their business they acquired 4201 N. Marshall Way which had previously been the Elaine Horwich Gallery.  They renovated the property, built a high-end residential dwelling on the second floor and opened a magnificent gallery on the first floor.  The contemporary building had a glass front which was a spectacular display area for the art and the second floor had two large patios with views of Camelback Mountain.  

After the passing of the owners, their friend and business partner, Charles Joyce took over operation of the business and continued their legacy.  The buyer, John Vatista has purchased other properties in the area.  He has secured a national lighting retailer to lease the first floor and is working with an architect to reconfigure the second floor.

Jones stated “The owners had a vision and created a wonderful gallery for those who appreciated fine art.:  Having lived all over the world, they had an appreciation for different cultures and were inspired to bring this to Scottsdale. They turned their love of art into a magnificent business that will be remembered for many years to come.”

SVN | Desert Commercial Advisors is a full-service commercial real estate services firm providing comprehensive expertise in investment brokerage, leasing, landlord/tenant representation, analysis/valuation and market research. We specialize in multifamily, retail, office, medical/dental, and restaurant property types. Visit our website at www.SVNDesertCommercial.com for more information.

 

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