Commercial Real Estate News 8-7-12

Originally Published: AZBX Arizona Builder's Exchange

Baseline Village, 35th Ave. and Baseline Rd., Phoenix, was sold by Laveen Village Center Acquisitions LLC to Verus Partners LLC for $2.7M ($27/SF). SRS Real Estate Partners and Voit Real Estate Services represented the seller of the 100K SF complex. Occupancy at the time of sale was reported at 6 percent.