Ray Hult purchased two vacant spaces totaling 172,831 square feet of retail space at Peoria Town Center, NEC 83rd Ave & Grand Ave in Northwest Valley from SNS Investments for a total of $3.9M.
The first space, formerly occupied by Walmart, is 110,000 square feet and sold for $2.5M.
The second space, formerly occupied by Albertson’s, is 62,831 square feet and sold for $1.5M.
Rein & Grossoehme’s Steve Grossoehme represented the buyer, Ray Hult.
Sperry Van Ness’ Shari A Tucker-Gasser and Trenton McCullough represented the seller, SNS Investments.