A receivership sale to Lip Durango 3 LLC, for three office buildings totaling 130,798 square feet and a 3-story parking garage. The property is located at 5330, 5370 & 5420 S. Durango Dr. The transaction value was $12,000,000. Mike Young of IRELV & Christina Roush of HB Properties represented the seller, Robb Evans and Associates LLC. The property was seized by the federal government in 2013, and experienced heavy vandalism while it sat vacant.
A portfolio sale to West Valley Medical LLC for two medical office buildings totaling 19,530 square feet. The properties are located at 2611 W. Horizon Ridge Pkwy and 3025 S. Rainbow Blvd. The transaction value was $6,800,000. Mike Young of IREPLV represented the seller, Sundant Limited Partnership.
A sale to Bruning Enterprises LLC, for a single story, freestanding, medical office building of 9,583 square feet. The property is located at 6210 N. Durango Dr. The transaction value was $2,800,000. Mike Young of IREPLV represented the seller, Centennial Primary Care Owners LLC.