PHOENIX—A Dallas-based private real estate fund advised by Crow Holdings Capital–Real Estate sold Scottsdale Horizon Shopping Center, a 154,766-square-foot neighborhood shopping center located at 14850 N. Frank Lloyd Wright Blvd. in Scottsdale. Weingarten Nostat, Inc. purchased the property for $42.65 million.

DTZ executive managing directors Dan Wald, Michael Hackett and Ryan Schubert represented CHC–Real Estate during the transaction.

Hackett tells GlobeSt.com, “This is an extremely unique asset, being at the intersection of three major streets. The local traffic is dense and it benefits from an employment hub—Scottsdale Airpark. It's a great piece of real estate. The Phoenix market doesn't have many assets that fit these criteria—it checked all the boxes.”