{"id":1004201328,"date":"2017-12-20T08:47:20","date_gmt":"2017-12-20T16:47:20","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004201328"},"modified":"2022-12-07T21:01:57","modified_gmt":"2022-12-08T05:01:57","slug":"cw-arranges-sale-of-az-retail-center","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cw-arranges-sale-of-az-retail-center\/","title":{"rendered":"C&amp;W Arranges Sale of AZ Retail Center"},"content":{"rendered":"<p>By Beata Lorincz<\/p>\n<div id=\"attachment_1004201330\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/The-Plant-in-Chandler-Ariz.-e1513761853991.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004201330\" data-attachment-id=\"1004201330\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/cw-arranges-sale-of-az-retail-center\/the-plant-in-chandler-ariz\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/The-Plant-in-Chandler-Ariz.-e1513761853991.jpg\" data-orig-size=\"1780,1335\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;14&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;Canon EOS 5D Mark II&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1492890521&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;24&quot;,&quot;iso&quot;:&quot;400&quot;,&quot;shutter_speed&quot;:&quot;1.3&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"The Plant in Chandler, Ariz.\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;The Plant in Chandler, Ariz.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/The-Plant-in-Chandler-Ariz.-e1513761853991.jpg?w=1024\" loading=\"lazy\" class=\"wp-image-1004201330 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/The-Plant-in-Chandler-Ariz.-e1513761853991.jpg\" alt=\"The Plant in Chandler, Ariz.\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/The-Plant-in-Chandler-Ariz.-e1513761853991.jpg 1780w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/The-Plant-in-Chandler-Ariz.-e1513761853991.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/The-Plant-in-Chandler-Ariz.-e1513761853991.jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/The-Plant-in-Chandler-Ariz.-e1513761853991.jpg?resize=1024,768 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/The-Plant-in-Chandler-Ariz.-e1513761853991.jpg?resize=1536,1152 1536w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004201330\" class=\"wp-caption-text\">The Plant in Chandler, Ariz.<\/p><\/div>\n<p>Cushman &amp; Wakefield has facilitated the sale of The Plant, a 56,831-square-foot shopping center located in the south-eastern outskirts of Phoenix. Sarofim Realty Advisors acquired the asset from Common Bond Development Group for $25.8 million.<\/p>\n<p>The grocery-anchored shopping center is situated on a 7.6-acre site at 4021-4095 South Gilbert Road, in Chandler, Ariz., in a suburban, mostly residential area. The Plant is anchored by Sprouts Farmers Market, which opened at the location in April 2016. Other tenants include Starbucks, Caf\u00e9 Rio, Pet Planet, Club Pilates and Dairy Queen.<\/p>\n<h2>Modern architecture<\/h2>\n<div id=\"attachment_1004201331\" style=\"width: 310px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/The-Plant-e1513761997362.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004201331\" data-attachment-id=\"1004201331\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/cw-arranges-sale-of-az-retail-center\/the-plant\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/The-Plant-e1513761997362.jpg\" data-orig-size=\"1765,1325\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;14&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;Canon EOS 5D Mark II&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1504121766&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;24&quot;,&quot;iso&quot;:&quot;320&quot;,&quot;shutter_speed&quot;:&quot;1.6&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"The Plant\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;The Plant in Chandler, Ariz.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/The-Plant-e1513761997362.jpg?w=1024\" loading=\"lazy\" class=\"wp-image-1004201331 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/The-Plant-e1513761997362.jpg\" alt=\"The Plant in Chandler, Ariz.\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/The-Plant-e1513761997362.jpg 1765w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/The-Plant-e1513761997362.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/The-Plant-e1513761997362.jpg?resize=768,577 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/The-Plant-e1513761997362.jpg?resize=1024,769 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/The-Plant-e1513761997362.jpg?resize=1536,1153 1536w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004201331\" class=\"wp-caption-text\">The Plant in Chandler, Ariz.<\/p><\/div>\n<p>A segmented roof structure covers the recently constructed retail center,\u00a0conceived by Suite 6 Architecture and Planning. The\u00a0agrarian-style theme of the design conforms to the surrounding community, honoring Chandler\u2019s rural history.<\/p>\n<p>The Cushman &amp; Wakefield team was composed of Ryan Schubert and Michael Hackett, who represented the seller in the transaction.<\/p>\n<p>During the\u00a0first quarter of the year, Cushman &amp; Wakefield&#8217;s Executive Director Chris Toci served as the investment sales broker for the trade of a Class A, LEED Gold-certified <a href=\"https:\/\/www.commercialsearch.com\/news\/lincoln-property-co-expands-phoenix-office-portfolio\/\">office building in Phoenix<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sarofim Realty Advisors acquired The Plant, a nearly 57,000-square-foot shopping center in suburban Phoenix, from Common Bond Development Group. The property changed hands for $25.8 million. <\/p>\n","protected":false},"author":739,"featured_media":1004201330,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,21742,1601,21749,15],"tags":[32799,38661],"class_list":["post-1004201328","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-latest","category-phoenix","category-retail","category-west","tag-cushman-wakefield","tag-sarofim-realty-advisors"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>C&amp;W Arranges Sale of AZ Retail Center - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/cw-arranges-sale-of-az-retail-center\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"C&amp;W Arranges Sale of AZ Retail Center\" \/>\n<meta property=\"og:description\" content=\"Sarofim Realty Advisors acquired The Plant, a nearly 57,000-square-foot shopping center in suburban Phoenix, from Common Bond Development Group. The property changed hands for $25.8 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/cw-arranges-sale-of-az-retail-center\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-20T16:47:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T05:01:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/The-Plant-in-Chandler-Ariz.-e1513761853991.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1780\" \/>\n\t<meta property=\"og:image:height\" content=\"1335\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Beata Lorincz\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cw-arranges-sale-of-az-retail-center\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/cw-arranges-sale-of-az-retail-center\/\",\"name\":\"C&amp;W Arranges Sale of AZ Retail Center - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cw-arranges-sale-of-az-retail-center\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cw-arranges-sale-of-az-retail-center\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/The-Plant-in-Chandler-Ariz.-e1513761853991.jpg\",\"datePublished\":\"2017-12-20T16:47:20+00:00\",\"dateModified\":\"2022-12-08T05:01:57+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/23f841021ddf3b38ebc56abefe1d6004\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cw-arranges-sale-of-az-retail-center\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/cw-arranges-sale-of-az-retail-center\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cw-arranges-sale-of-az-retail-center\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/The-Plant-in-Chandler-Ariz.-e1513761853991.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/The-Plant-in-Chandler-Ariz.-e1513761853991.jpg\",\"width\":1780,\"height\":1335,\"caption\":\"The Plant in Chandler, Ariz.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cw-arranges-sale-of-az-retail-center\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"C&amp;W Arranges Sale of AZ Retail Center\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/23f841021ddf3b38ebc56abefe1d6004\",\"name\":\"Beata Lorincz\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Beata-Lorincz.jpg?w=96\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Beata-Lorincz.jpg?w=96\",\"caption\":\"Beata Lorincz\"},\"description\":\"With a background in architecture, Beata Lorincz has been an associate editor with Commercial Property Executive and Multi-Housing News since 2017. 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