Gilbert Commerce Center changes hands - East Valley Tribune: Gilbert

Gilbert Commerce Center changes hands

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Posted: Wednesday, May 4, 2011 8:30 am

Cassidy Turley BRE Commercial has announced completion of a $3.075-million acquisition of Gilbert Commerce Center, 459 N. Gilbert Rd.

California-based private investors Kenneth and Ava Ungar and Rochelle Vedres purchased the three-building, 74,559-square-foot office property from Trident Pacific Real Estate Group, acting as receiver.

Built in 1986, Gilbert Commerce Center was 52 percent occupied at the time of sale.

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