This two tenant retail property was acquired as a part of a 1031 tax deferred exchange. It was acquired by the same Partnership that purchased the property in Mesa Arizona. The tenants leasing the properties have long term leases and the property is being held for investment.
“I have known Richard Shapiro for several years primarily as a professional and as a limited partner investor in his real estate projects. I have always been impressed by his in-depth knowledge, his astute sense of judgment, his energy level as well as his honesty and integrity and his overall practical style of doing business. He has earned my complete trust, confidence and respect as a businessman, friend and as one of his investment partners.”
Jess Beim, Sr. Vice President / Retired