The Union at Gilbert has traded hands for $15.8 million or $286 per square foot. The property is anchored by EOS Fitness and is 100% occupied.
The property is comprised of two buildings, totaling 55,283 square feet. In addition to EOS Fitness, the center has a complementary mix of internet-resistant food and service retailers, including Fantastic Sams, Athletico Physical Therapy, Bahama Buck’s, and Celebrity Tanning among others.
John Schweikert and Chad Tiedeman at Phoenix Commercial Advisors represented the seller in the transaction.