Vestis Group Brokers Sale Of Roosevelt Street Office Building In Downtown Phoenix
By Mandy Purcell | Commercial Executive Magazine
Vestis Group announces that brokers Natan Jacobs, Les Litwin and Victoria Miachika have completed the sale of Roosevelt 11, a 5,028 square feet, single-level, freestanding office building, located near Roosevelt Row in Downtown Phoenix, for $372,000 / $73.99 per square foot. Ronald Yenney of Ephrata, Washington sold the Roosevelt 11 office building, located at 1018 West Roosevelt Street, in Downtown Phoenix to Harder Development from Phoenix, Arizona for $372,000. Natan Jacobs, Les Litwin and Victoria Miachika with Vestis Group in Phoenix represented the Seller in the sale of this Phoenix office building. Matt Seaman with CK Property Management, LLC in Phoenix represented the Buyer. Roosevelt 11 is located in Downtown Phoenix, near the Roosevelt District and Copper Square, at the northeast corner of Roosevelt Street and 11th Avenue, near ASU Downtown Phoenix Campus, Light Rail, Metro 12 Condos, The Vig Fillmore, sports venues, cultural arts, nightlife and fabulous restaurants. The property is located in a quiet residential neighborhood within close proximity to 7th Avenue, a major north-south thoroughfare, and the I-10 Freeway, allowing easy access to Sky Harbor International Airport, Camelback Corridor, Scottsdale, Tempe, the valley freeway system and numerous employers. – more at cem-az.com
Vestis Group is the broker of choice for individuals and institutions investing in multifamily residential and commercial real estate throughout Metropolitan Phoenix. Our advisors assist clients in the acquisition and disposition of multifamily investment and retail investment assets, including, apartments, bulk condo packages, duplex/triplex/fourplex properties, single-family rental portfolios (SFR Portfolios), income producing single-family investment properties, neighborhood strip centers, retail power centers, retail strip centers, neighborhood grocery, retail PAD and retail shopping centers. In the field of housing, Vestis Group’s principals have developed, built, rehabilitated, constructed, improved, managed, and sold thousands of apartments units, condos, single-family homes and home sites.