Phoenix

  • HREI Awards at RealShare Healthcare

    PHOENIX—The Healthcare Real Estate Insights awards were presented for a second time at a RealShare conference December 16. Attendees for RealShare Healthcare numbered 400-plus as awards for outstanding medical office buildings were awarded, as well as executive of the year and lifetime achievement award.

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  • 68K SF Industrial Warehouse Lease

    PHOENIX—Colliers International of Greater Phoenix recently negotiated the long-term industrial lease of a 67,697-square-foot warehouse space from which grocery merchandizing products will be distributed regionally.

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  • Walmart-Anchored Center Trades Hands

    PHOENIX—Kyrene Village Shopping Center, a 161,000-square-foot center anchored by Walmart, has sold to Kyrene Shopping Center LLC of Delaware LLC, controlled by a Nevada-based trust. Arizona Partners was the seller.

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  • RealShare Phoenix Metro Kicks Off

    PHOENIX—RealShare Phoenix Metro kicked off yesterday with a panel examining the pros and cons of the Phoenix real estate climate. Moderating the Town Hall panel was Andrew Cheney, principal of Lee & Associates.

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  • Waterford Multifamily Trades Hands for $33M

    PHOENIX—Institutional Property Advisors, a division of Marcus & Millichap Inc. has facilitated the sale of Waterford at Superstition Springs, a 280-unit multifamily community in Mesa. The commercial real estate sale netted $33 million, or $117,850 per unit.

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  • The Role of Non-Traded REITs

    PHOENIX—Steven A. Kaye, partner, Arnall Golden Gregory LLP, will be moderating the panel Placing Capital: The Role of Non-Traded REITs in the Market at the 2014 RealShare Healthcare Real Estate conference December 16. Find out from the experts what difficulties they face in placing capital and how non-traded REITs are evolving in the marketplace.

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  • Driving CRE Momentum

    PHOENIX—Economic developers have fostered an attractive business environment enticing companies to the Phoenix Metro region. This business focus has stimulated population growth and job recovery. These factors and others are driving regional CRE momentum. Local leadership comes together to discuss their perspective from the top of the Phoenix Metro market. Moderating this Town Hall Panel is Andrew Cheney, principal, Lee & Associates.

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  • Desert Ridge Corporate Goes for $59M

    PHOENIX—CBRE has completed the sale of Desert Ridge Corporate Center located at 20860, 20830 and 20910 N. Tatum Blvd. in Phoenix. The institutional grade office and retail development is located in the Desert Ridge master-planned community.

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  • Coldwater Depot Enters Third Phase

    PHOENIX—Trammell Crow Company, and joint venture partner Clarion Partners announce that construction has begun on Coldwater Depot Logistics Center, Phase 3, a 187,000-square-foot, class A speculative industrial building in Avondale.

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  • Exploring Medical RE Transactions Geographically

    PHOENIX—Find out the major transactions and developments that have been completed across the country from the experts on the ground across the regions. David Lari partner Cox, Castle & Nicholson is sitting on the panel Finding the Deal: Exploring Transactions Geographically and he shared his knowledge of the panel with GlobeSt.com.

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  • Ocotillo Fiesta Trades Hands

    PHOENIX—Colliers International in Greater Phoenix recently sold the 40,952-square-foot Ocotillo Fiesta Shopping Center in Chandler, involving a trade of properties.

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  • East Valley, West Valley and Beyond

    PHOENIX—The East Valley, Scottsdale and the Camelback Corridor are attracting tech companies driving spec office development. The West Valley is known for its hot industrial space, both spec and built-to-suit, with a strategic location and land to spare. With droves of corporate relocations to the Phoenix Metro area, how is this impacting development initiatives? Phoenix developers will break down current projects and what’s next in the development pipeline on the panel, Development: East Valley, West Valley and Beyond. Mark Singerman, vice president and regional director, Arizona Rockefeller Group Development Corporation, will be sitting on the panel to probe some of these issues.

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  • Healthcare: Consolidation to Strengthen Sustainability

    PHOENIX—Sharon Harper, president and CEO of Plaza Companies, will be moderating the panel, Case Study: Consolidation to Strengthen Sustainability, at the 2014 RealShare Healthcare Real Estate conference. There is significant and major consolidation occurring in healthcare real estate. Listen as the innovative systems talk about their consolidations and affiliations in the local Arizona market and how these alignments are indicative of the bigger picture and paint a national story.

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  • Investing in the Phoenix Metro

    PHOENIX—The Phoenix Metro is a prime location for many reasons, making it an increasingly hot spot for investment. How have corporate relocations to the Phoenix Metro impacted the investment community? What are some of the most notable transactions of late? What are the success stories of the biggest dealmakers? Velocity Retail’s Judi Butterworth will guide her panel, Investing in the Phoenix Metro, through these topics and more at RealShare Phoenix Metro.

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  • NorthMarq Capital Finalizes $26M in Financing

    PHOENIX—James DuMars, senior vice president and managing director of NorthMarq Capital’s Phoenix-based regional office, arranged acquisition financing of $26 million for Broadstone Twin Fields, a 314-unit, multifamily property located at 2505 E. Williams Field Rd. in Gilbert.

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  • Evolving Needs of Hospital Systems

    PHOENIX—Neil Carolan, senior vice president of business development for Rendina Companies will be moderating the Phoenix RealShare Healthcare Real Estate panel Provider Update: Examining the Evolving Needs of Hospital Systems.

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  • Old School O7 Sells for 5.5 Cap

    PHOENIX—Old School O7, considered one of the most unique urban infill redevelopment projects in Phoenix, has sold. The 9,293-square-foot shopping center commanded a sale price of $6.1 million, or $656 per square foot, and a record low cap rate of 5.5 percent¬¬.

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  • Mixed Numbers on Tucson’s Retail

    TUCSON—A mixed review comes in for Tucson’s third quarter retail sector. GlobeSt.com caught up with Nancy McClure, first vice president, CBRE, to get her take on the numbers.

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  • Tucson Industrial Shows Promise

    TUCSON—The Tucson industrial market showed some promise in the third quarter, but leaves few options for new tenants entering the market. GlobeSt.com caught up with Bill DiVito, first vice president, CBRE, to get his take on the numbers.

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  • The Cornerstone Goes for $29M

    PHOENIX—ORION Investment Real Estate announces the sale of The Cornerstone shopping center in Tempe located on the northeast corner of Rural Road and University Drive adjacent to Arizona State University. The 117,351-square-foot center sold for $29 million to Cornerstone Retail, L.L.C., a commercial real estate entity affiliated with YAM Properties which was founded by Valley businessman and Go Daddy founder Bob Parsons.

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