What: Sale of the Camelback East Shops, a neighborhood shopping center
Where: Southeast corner of 32nd Street and Camelback Road, Phoenix
Size: 25,150 square feet
Price: $12.2 million, or about $500 per square foot
Buyer: Hannay Realty Advisors in Phoenix
Seller: Camelback East Shops Inc. in Phoenix
Deal details: Hannay paid $6.1 million in cash and financed the rest with a loan maturing in 2019, according to public records pulled by Vizzda.
Property details: The shopping center is a staple of Phoenix’s Biltmore area. It was built in 1957, with later additions completed in 1969. It is anchored by Van’s …