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| The Village at Hayden, 8260 North Hayden Road, Scottsdale, AZ Photo by Patrick Tang |
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| CJ Osbrink |
PHOENIX, AZ, May 22, 2017
– Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the
$26.45 million sale of The Village at
Hayden, a 156,751-square-foot mixed-use development in Scottsdale, Arizona.
HFF marketed the property
on behalf of the seller, Village at Hayden, LLC, a partnership comprising AEW
Capital Management, L.P. and The Muller Company, and procured the buyer,
Arizona Partners. The property was sold
free and clear of financing.
The Village at Hayden is
located at 8260 N Hayden Road just one half mile from Arizona State Route Loop
101, which sees an average of 180,000 cars per day. The 11.83-acre site is part of the
prestigious McCormick Ranch community north of Scottsdale.
This trade area has an
average household income exceeding $106,000 and more than 141,000 residents
within a five-mile radius.
At 97 percent
leased, The Village at Hayden has a mix of regional and national retail and
office tenants, including Capital Consultants Management, Company Nurse,
Phoenix Photonix, Zipps Sports Grill, Twisted Grove, Melting Pot and Grassroots
Kitchen.
The HFF investment sales
team representing the seller was led by CJ
Osbrink and Derreck Barker.
For a
complete copy of the company’s news release, please contact:
Kristen Murphy
Director, Public Relations
HFF | One Post Office
Square, Suite 3500 | Boston, MA 02109
tel 617-848-1572 | cell
617-543-4873 | www.hfflp.com
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