GPE Closes Deal on Office Building in Prestigious Kierland Area of Scottsdale

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December 20, 2011 (Scottsdale, Arizona) – GPE Commercial Advisors, an award-winning commercial real estate firm, secured the sale of a 13,531 square foot, two-story office building in upscale, Scottsdale Airpark on 7020 East Acoma Drive in Scottsdale. The property sold for $1,217,790 and is across the street from Kierland Commons, an up-scale shopping experience.

“I am pleased and excited for the buyer, who plans to relocate their travel related services firm to this creative office space, and take advantage of the tremendous location and amenities offered within the Kierland community and the surrounding North Scottsdale market,” says Bret Isbell of GPE.

Senior Vice President, Bret Isbell, and Russell Fine, Senior Associate, of GPE Commercial Advisors, represented Wells Fargo Bank (seller). Peter Menna, of Cassidy Turley/BRE Commercial, represented the buyer.

About GPE:
Founded in 1973, GPE Commercial Advisors and GPE Management Services are the premier providers of 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.

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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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