The upscale mall at the foot of the Catalina foothills has been sold to local investors.
La Encantada, at Skyline Drive and Campbell Avenue, was purchased by Ft. Lowell View Delaware LLC, HSL La Encantada Investors Delaware LLC, Iridius La Encantada TIC LLC and La Encantada Investors LLC for $ 172 million, according to Pima County records. Recorder’s Office.
The outdoor mall was built in 2003.
Retailers include Apple, Crate & Barrel and AJ’s Fine Foods and Restaurants, Firebirds Wood Fired Grill, Blanco Tacos + Tequila, North Italia and RA Sushi Bar Restaurant.
No changes to the mall have been announced.
Other recent business transactions include:
Steve Freeman and Laura Freeman purchased the 21 Sentinel Villas apartments at 1880-1884 S. San Antonio Drive from Sentinel Villas LLC for $ 1.8 million. Allan Mendelsberg and Conrad Martinez, along with Picor, represented the buyer. Timothy Bathen of Arizona Acquisition Strategies represented the vendor.
TKL Properties LLC purchased 27,113 square feet of industrial space at 4725, 4742 and 4749 S. Irving Ave. to Lead Properties LLC, for $ 1.4 million. Ron Zimmerman, with Picor, represented the seller and Clint Buckelew, with Buckelew Realty, represented the buyer.