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| 11/27/2002 | Cimarron Plaza - Faestel Properties sold Cimarron Plaza to Sawtooth Investments for $2.87 MM or $228/SF. Sawtooth Investments Inc., a California based company, purchased the fully occupied 12,565 SF center. Sawtooth Investments was seeking a solid development of quality construction and a good income stream. The occupants of Cimarron Plaza are Blockbuster Video, LaMar's Donuts, Batteries Plus, CSECU, Fantastic Sams and Juice Stop. Cimarron Plaza is located at the southwest corner of Shields St. and Drake Rd. The development has great visibility at the highly trafficked intersection affording great signage exposure for its occupants. |
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