This is a good story about Glendale. In the Arizona Republic of July 11, 2004 it reports that Zanero Falls has been purchased. Many readers will not be familiar with this property. It is located just northeast of Cabela’s and slightly east of the Marriot hotels on the north side of Glendale Avenue.
It was completed in 2008 for $45 million just before the national economy tanked. It is a 150,000 square foot signature office complex for the West Valley and especially Glendale. It reminds one a great deal of the architecture one would see in southern California around the Newport Beach area with its Spanish colonial architecture. It is a beautiful complex.
It was recently purchased for $9.1 million (a great buy!) by Select Healthcare Solutions LLC, Phoenix Cyberknife and Radiation Oncology Center LLC. The plan is to turn the complex into medical offices. Medical service for west Glendale residents and the surrounding area are long overdue. There is a tremendous pent up demand for such services. It doesn’t hurt that the complex is close to the new Dignity Health St. Joseph’s Westgate Medical Center on 99th and Glendale Avenues. The buyer is investing $6 million in the property and plans to open a cancer center in part of the complex by January of 2015.
Congratulations to all of the principals involved in making this deal happen. It’s a great development for Glendale but more importantly for west Glendale residents and residents of nearby communities.
© Joyce Clark, 2014
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