LaSalle Investment Picks Up 118K-SF Kierland Village

Chicago-headquartered LaSalle Investment Management paid $34.5 million to acquire the 118,226-square-foot Kierland Village Center, a grocery-anchored center in Scottsdale, AZ. Michael Hackett and Ryan Schubert with Cushman & Wakefield represented the seller, Kierland Village CMH LLC.

The property, located at 64th Street and Greenway Road, is anchored by Safeway and Walgreen’s. The center is also home to regional and national retailers, including El Pollo Loco, The UPS Store, Subway, Baskin-Robbins, Fantastic Sams, Einstein Bros. Bagels, and Panda Express.

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