“The way to achieve your own success is to be willing to help somebody else get it first.” — Iyanla Vanzant, speaker
Oct 16, 2015, 11:00am MST, Mike Sunnucks Senior Reporter Phoenix Business Journal
The Papago Plaza shopping center at McDowell and Scottsdale roads in Scottsdale has finally sold.
A sale of the well-known and in-need-of-reboot shopping plaza has been in the work for a while.
Pivot Development bought Papago from Bert B. Malouf LLCand William B. Malouf LLC for $12.5 million.
Both are based in Scottsdale.
The center is right across from the Arizona State University’s SkySong high tech office center.
Papago Plaza has distinctive pueblo architecture.
It has been a staple in south Scottsdale for decades.
UPCOMING EVENTS
Mike Sunnucks writes about residential and commercial real estate, government, law, sports business and workplace issues.