Mortgage And Real Estate News

Saturday, October 26, 2013

GoDaddy founder buys Centerpoint on Mill

GoDaddy founder Bob Parsons is the new owner of Centerpoint on Mill mixed-use development.

Parson’s Mill Avenue Retail group paid Scottsdale-based DMB $38.5 million for the 22-acre project, considered an anchor for downtown Tempe.

Parsons has been on a real estate buying spree since making more than $900 million off the sale of Scottsdale-based GoDaddy in 2011. He also owns shopping centers in Scottsdale’s Grayhawk and McDowell Mountain Ranch communities and in Glendale’s Arrowhead development.

Read more...GoDaddy founder buys Centerpoint on Mill

Reuters: Business News

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