Mesa Office Building Sells to Two Owners for $3.

57M

Menlo Group Commercial Real Estate facilitated the sale of nearly 20,400 sq. ft. of Mesa office
space.

Tempe, AZ, June 17, 2019 --(PR.com)-- Menlo Group Commercial Real Estate has successfully
brokered the sale of nearly 20,400 sq. ft. of office space. The property, located on the first floor of 1955
S. Val Vista Dr. in Mesa, Ariz., sold to two different owners.

The East Wing, which includes multiple suites totaling more than 14,600 sq. ft., sold for over $2.53
million to Robert Weathers. Kevin Peterson of Peterson Properties and Management represented the
buyer, who also owns property on the building's second floor.

ELLE Investments, LLC, purchased the West Wing of the building for over $1.04 million. The West
Wing consists of two occupied suites that total more than 5,700 sq. ft. The buyer was represented by
Grafton Milne, CCIM, SIOR, of Menlo Group.

“It's very rewarding to see this office space sell,” said Milne, who also represented the seller alongside
Menlo Group President Tanner Milne, MBA, CCIM, SIOR. “This property was one of our first listings as
a company, and we appreciate the trust that the owners have had in us over the years.”

The seller, Canyon Commercial, LLC., purchased the property in 2007 as a permanent home for its
marketing firm. The owners soon hired Menlo Group to find tenants for the additional suites and recently
decided to put the property up for sale.

“We're pleased that Menlo Group found new owner-occupants who will be growing their businesses in
this great location,” said Nancy Landl of Canyon Commercial. “Tanner and Grafton have always been
great to work with. We never even thought about using any other brokers all those years because of their
responsiveness and follow-through.”

About Menlo Group

Menlo Group Commercial Real Estate is a full-service commercial real estate brokerage in Tempe, Ariz.
Since 2008, the company has helped many of the Valley's top dentists, doctors and business professionals
lease or sell their properties. Menlo Group's unique processes guide landlords and sellers throughout
transactions and help them find success. To learn more about Menlo Group's landlord and seller
representation team, visit www.menlocre.com.

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Contact Information:
Menlo Group Commercial Real Estate
Maggie Kuta
480-659-1777
Contact via Email
www.menlocre.com

Online Version of Press Release:

You can read the online version of this press release at: https://www.pr.com/press-release/787480

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