After paying $10.5 million for a shopping center in August 2020, David Malin has sold it for $21.95
million.
During the 18 months that he owned The Shops at Dynamite Creek at the northwest corner of Tatum and Dynamite boulevards in Phoenix, the president of Scottsdale Development Partners raised occupancy from 69% to 96% by the time he sold it, bringing on eight tenants.
Newly formed Scottsdale real estate firm closes on first property, seeks other acquisitions
Reprinted from Phoenix Business Journal
Scottsdale Development Partners, a new real estate development and investment firm created by a former Vestar vice president, closed on its first Phoenix area acquisition and is in the works for several other projects
throughout the western U.S.