{"id":1004281298,"date":"2018-11-26T05:25:06","date_gmt":"2018-11-26T13:25:06","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004281298"},"modified":"2022-12-07T21:51:22","modified_gmt":"2022-12-08T05:51:22","slug":"scottsdale-showroom-property-changes-hands","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/scottsdale-showroom-property-changes-hands\/","title":{"rendered":"Scottsdale Showroom Property Changes Hands"},"content":{"rendered":"<p>By Holly Dutton<\/p>\n<div id=\"attachment_1004281301\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/Scottsdale-Design-Center-e1542830353947.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004281301\" data-attachment-id=\"1004281301\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/scottsdale-showroom-property-changes-hands\/scottsdale-design-center\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/Scottsdale-Design-Center-e1542830353947.jpg\" data-orig-size=\"1132,848\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Scottsdale Design Center\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Scottsdale Design Center&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/Scottsdale-Design-Center-e1542830353947.jpg?w=1024\" class=\"wp-image-1004281301 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/Scottsdale-Design-Center-e1542830353947.jpg\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/Scottsdale-Design-Center-e1542830353947.jpg 1132w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/Scottsdale-Design-Center-e1542830353947.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/Scottsdale-Design-Center-e1542830353947.jpg?resize=768,575 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/Scottsdale-Design-Center-e1542830353947.jpg?resize=1024,767 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004281301\" class=\"wp-caption-text\">Scottsdale Design Center<\/p><\/div>\n<p>A 109,652-square-foot showroom property has traded hands in Scottsdale, Ariz. The Scottsdale Design District is a direct-to-trade marketplace for Phoenix-area interior designers and is occupied by both local and national retailers, interior designers and art dealers.<\/p>\n<p>Scottsdale Design District is located at 2712 N. 68<sup>th<\/sup> St., about 2 miles from downtown Scottsdale and a 20-minute drive from downtown Phoenix. The property is occupied by retailers including John Brooks, Pindler &amp; Pindler, Century, Town and Kravet.<\/p>\n<p>Cushman &amp; Wakefield\u2019s Chris Toci, Chad Littell and Brent Mallonee arranged the transaction on behalf of the seller. The investment sponsors were Brandon Holdings and IX Advisors, while key investors included Stephen Summers of Mockingbird Interests and a Hong Kong family office which anchored another acquisition in the metro Phoenix area earlier this year.<\/p>\n<p><em>\u201cThis location is well known in the design community as the go-to place for high-end home furnishings and art. This is our second transaction with the investment sponsor Brandon Holdings and IX Advisors in 2018, and we are glad they see the same value and potential in the Phoenix market as we do,\u201d <\/em>Chris Toci, executive managing director of Cushman &amp; Wakefield, said in prepared remarks.<\/p>\n<p><em>Image courtesy of Cushman &amp; Wakefield<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 110,000-square-foot asset features local and national interior designers, retailers and art dealers. A Cushman &amp; Wakefield team arranged the transaction on behalf of the seller.<\/p>\n","protected":false},"author":745,"featured_media":1004281301,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21742,1601,21749,15],"tags":[43124,39825,32799,43127,43121],"class_list":["post-1004281298","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-latest","category-phoenix","category-retail","category-west","tag-brandon-holdings","tag-chris-toci","tag-cushman-wakefield","tag-ix-advisors","tag-scottsdale-design-center"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Scottsdale Showroom Property Changes Hands - 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\/scottsdale-showroom-property-changes-hands\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Scottsdale Showroom Property Changes Hands\" \/>\n<meta property=\"og:description\" content=\"The 110,000-square-foot asset features local and national interior designers, retailers and art dealers. 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