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PHOENIX-A Flagstaff-based partnership, Manatee Investments II LLC and Agua Caliente Investments II, has paid $13.5 million for Paradise Square, a 97,537-sf shopping center with a dark anchor. Donahue Schriber Realty Group of Costa Mesa, CA sold the 18-year-old center.

Paradise Square at 3932 E. Thunderbird Rd. still garnered 10 offers although the 55,000-sf grocery anchor space was vacated two years ago by Chandler-based Bashas’ Inc., Rick Abraham, a senior associate with CB Richard Ellis Inc.’s local office, tells GlobeSt.com. “If we had been selling this center a couple of years ago, people would have shied away from it because of the dark Bashas,” he says. “Today, though, there’s just too much money out there looking for deals.”

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