JLL Phoenix Office Gets First Retail Broker Team
Jones Lang LaSalle (JLL) announced Wednesday the expansion of its retail platform into Phoenix, with the addition of three brokerage specialists. Tyson Switzenberg will lead the firm’s newly formed...
View ArticleCBRE Capital Group Releases Recent Transaction List
CBRE has negotiated four multi-family transactions in the past three weeks totaling nearly $4.75 million. Brian Smuckler and Jeff Seaman with CBRE Phoenix’s Multi-Housing Private Capital Group...
View ArticleCassidy Turley Completes $900K Industrial Sale in Phoenix
Cassidy Turley completed the sale of ±3.97 acres of industrial land located south of the SWC of 48th Street and Washington Street on Thursday. Papago Tech, LLC (Moshe Family Trust) purchased …...
View ArticlePhoenix Manufacturing Building Sells for $2.89M to SoCal Investors
A Southern California investment group with a growing portfolio of Valley properties, recently purchased a 64,375 SF manufacturing facility at 4039 E. Raymond St. in Phoenix for $2,895,000. Price per …...
View ArticleInland Kenworth Purchases 17-Acre Parcel in Tolleson
Cassidy Turley announced that Inland Kenworth has purchased 17 acres at the southwest corner of 83rd Avenue and Interstate 10 for nearly $5M. The seller was Rados Properties—Arizona Land, LLC. …...
View ArticleNordstrom Rack Signs Lease at Tempe Marketplace
Seattle-based Nordstrom, Inc. JWN +0.07% announced today plans to open a Nordstrom Rack at Tempe Marketplace in Tempe. The approximately 35,000-square-foot store is scheduled to open in fall 2014. The...
View ArticleCassidy Turley Leases 13KSF at Promenade Corporate Center
Cassidy Turley announced Friday that it completed a 13,000 SF lease for Leasehawk, LLC (Scottsdale) at Promenade Corporate Center, 16427-16435 N. Scottsdale Rd. in Scottsdale. Cassidy Turley’s Jeffery...
View ArticleCushman & Wakefield|PICOR release recent transactions
Cushman & Wakefield | PICOR announced the following transactions in December: Ftita, LLC purchased the 3,522 square foot office building located at 7370 N. La Cholla in Tucson, from Shakaz, …...
View ArticleCassidy Turley Completes $23.5 Million Sale of Canyon Trails Towne Center
Cassidy Turley announced today they successfully sold Canyon Trails Towne Center, 625 S. Cotton Lane. Trigate Capital (Dallas) purchased the Goodyear power center for $23.5M. The seller was a Vestar …...
View ArticleGPE Closes Transaction on 64,375 SF Industrial Building in Phoenix
GPE Commercial Advisors secured the sale of a 64,375 square foot, 6.95 acre property at 4039 East Raymond Street in Phoenix. The property sold for $2,895,000. Built in 1974, the … CONTINUE READING →The...
View ArticlePinal Land Holdings Closes Largest Acreage Deal Since Recession
Pinal Land Holdings, LLC (PLH) announced Tuesday that it has closed on more than 11,400 acres of land in Pinal County. The land, previously owned by the City of Mesa … CONTINUE READING →The post Pinal...
View ArticleNAI Horizon Releases Recent Transactions
Sale Transactions: John Filli negotiated the sale of 26.8 acres of land, representing the seller, Fieldbrook Payson Partners, LLC, for $2,147,000. The property is Rumsey Ridge Development in Payson,...
View ArticleMindy Korth Joins Colliers, Leaves CBRE
Colliers International in Greater Phoenix has appointed Mindy Korth, a top commercial real estate executive with nearly 30 years of experience in the Phoenix market, executive vice president, adding...
View ArticleDe Rito Partners Releases Recent Commercial Transactions
De Rito Partners reported the following commercial transactions: De Rito Purchases Macayo’s Plaza DeRito-P Retail 1, LLC recently purchased the Macayo’s Plaza shopping center located at the southwest...
View ArticleCanadian Group Invests in $5.2M Office Complex, $40M Total in Valley
Talia Jevan Properties, Inc. acquired the 22,080 SF North Scottsdale Corporate Office Complex located at 6970 E. Chauncey Ln. in Scottsdale for $5.2M. The seller in the transaction was Alliance …...
View ArticleNewmark Grubb Knight Frank Sells Pine Ridge Apartments
Newmark Grubb Knight Frank completed the sale of the 301 unit Pine Ridge Apartments located at 2627 N. 45th Ave. in Phoenix. Karl Abert, Managing Director with Newmark Grubb Knight … CONTINUE READING...
View ArticleTempe Commerce Center Sells for $11.8M
Cassidy Turley announced Friday that Presson Corporation acquired Tempe Commerce Center, a 177,848 SF multi-tenant industrial complex for $11.8M ($66.35 PSF). The seller was Tempe-based Kieckhefer...
View ArticleMarcus & Millichap Arranges 5KSF Sale of US Bank Ground Lease
Marcus & Millichap Real Estate Investment Services announced the sale of US Bank Ground Lease, a 5,000 SF net-leased property located in Phoenix, according to Don Morrow, regional manager of …...
View Article125KSF Dunn-Edwards Buildings Sold to Canadian Tech Co. for $3.6M
Two industrial buildings at 1868-1872 E. Broadway Rd. in Tempe, totalling 125,292 SF, have been sold for $3.6 million. The buyer was Hypertec Capital, LLC of Quebec, Canada. Hypertec is … CONTINUE...
View ArticleVelocity Retail Releases December Transaction List
Velocity Retail Group, LLC completed 10 transactions in December. A summary of each transaction follows: Velocity Retail Group’s Dave Cheatham and Darren Pitts negotiated a lease with Fallas Discount...
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