Svn Partners: 0.81-acre lot in Downtown Phoenix sells for $3.7M

SVN Desert Commercial Advisors completed the sale of an approximately 0.81 acre lot in Downtown Phoenix on 3rd Ave. between Filmore St. and Van Buren St. in the heart of Downtown Phoenix. The property was acquired from Cole Management Associates, LLC for $3.7 million by 362 North Third, LLC, an entity formed by JRG Capital Partners. JRG, a Chicago-based real estate investment and development firm continues its expansion in the Phoenix market. Chief Investment Officer,!The post 0.81-acre lot in Downtown Phoenix sells for $3.7M appeared first on AZ Big Media.