GPE, Cushman & Wakefield Close $5M Deal in Las Vegas
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GPE, Cushman & Wakefield Close $5M Deal in Las Vegas

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GPE Healthcare Investment Group (gpehealthcareinvestmentgroup.com), a commercial real estate team representing medical and healthcare investment interests in the Southwest, announced the sale of Concorde Assisted Living Center in Las Vegas, Nevada.

IMH Financial Corporation (seller) sold the 70,789 square-foot property on 4.97 acres of land to Forterus, Inc (buyer), an established healthcare provider specializing in substance abuse treatments, for $5,000,000 ($70.63 per square foot).

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Founded in 1973, GPE Commercial Advisors and GPE Management Services provide award-winning commercial real estate sales, leasing, property management and consulting solutions for business, office, medical, dental, retail and industrial properties in the Greater Phoenix Metropolitan area. 2011 Ranking Arizona ranks GPE Commercial Advisors as the Valley's #1 commercial real estate company and GPE Management Services among the top ten property management companies. GPE has also been named a Top Leasing Firm by CoStar Power Broker Awards, and one of the Valley's "Best Places to Work" by Phoenix Business Journal. www.gpe1.com

Contact:

Phone: 480-423-7930

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