Cushman & Wakefield Negotiates Sale of Country Bar
PHOENIX, June 25, 2018 – Cushman & Wakefield completed the sale of Dierks Bentley’s Whiskey Row, located at 323 N. Gilbert Road in Gilbert, Ariz. Phoenix-based Treg Bradley purchased the property from Phoenix-based Gilbert/Vaughn Partners, LLC for $8.1 million. Dierks Bentley’s Whiskey Row will continue to operate with a long term lease in place.
Eric Wichterman, Chris Hollenbeck and Mike Coover of Cushman & Wakefield Phoenix represented the seller in the transaction. Jay Khor of Conflux Real Estate represented the buyer.
Dierks Bentley’s Whiskey Row is a 13,841-square-foot (sf) restaurant and bar. Completed in 2017, this concept is one of four successful locations with others located in Scottsdale, Ariz., Tempe, Ariz., and Nashville, Tenn. Dierks Bentley joined Riot Hospitality in 2013 to create Whiskey row, a modern country bar with American cuisine and nightlife, to add to its roster of El Hefe, Bottled Blonde, Farm & Craft, and Hand Cut.
“This is a great investment for Treg Bradley as Whiskey Row will be a long term, successful tenant in Gilbert for years to come. Gilbert’s Heritage District continues to get stronger and stronger as new tenants and restaurants continue to open,” says Chis Hollenbeck.
About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm that delivers exceptional value by putting ideas into action for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with 48,000 employees in approximately 400 offices and 70 countries. In 2017, the firm had revenue of $6.9 billion across core services of property, facilities and project management, leasing, capital markets, advisory and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.