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Old Town Galleries, Spa Sell for $3.1M

SCOTTSDALE, AZ-Phil Marvin of Eugene, OR gets title to four properties in Scottsdale's historic district after identifying the buildings and waiting until the owner was willing to sell. It's the investor's third metro Phoenix buy in about a year.

By Beverly Ford | Updated on March 05, 2003

SCOTTSDALE, AZ-In a city known for its “Old Town” art galleries and upscale spas, Phil Marvin of Eugene, OR found a chance to own both.

Marvin grabbed three art houses and a spa in Old Town Scottsdale in a four-property deal worth $3.1 million. “We love the area,” Marvin tells GlobeSt.com of his latest property purchase, the third in just over a year in the Phoenix market.

Under the entity Giddyup Properties, Marvin partnered with his wife, Joan, and son Eric, to take over the fully occupied storefronts at 7040 Third Ave. along with 4164, 4168 and 4235 N. Marshall Way, all located in the heart of the city’s historic district. Ranging in size from 2,600 sf to 7,000 sf, the properties are home to the Spa du Soliel and galleries Marshall Arts, the Cultural Exchange and Eeze Fine Art.

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