Phoenix

  • Mission Capital Retained as Financial Advisor

    PHOENIX—Mission Capital Advisors’ asset sales group has been retained as the exclusive financial advisor for the sale of 13450 N. Black Canyon Highway, a 352,000-square-foot office building in Phoenix.

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  • Partner Hosts Risk Management Forum

    PHOENIX—The Construction Lender Risk Management community is hosting the second annual Construction Lender Risk Management roundtable held March 2-4 in Phoenix

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  • Industrial Park Coming to Deer Valley

    PHOENIX—Trammell Crow Company and joint venture partner Principal Real Estate Investors announce the acquisition of a 16.19 acre land parcel located at 23rd Ave and Alter Way in the Corridors master-planned business park in Deer Valley.

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  • Tucson Shopping Center Trades for $46M

    TUCSON—Lee & Associates has completed the sale of the Casas Adobes Plaza, an upscale retail shopping center in Tucson for $46 Million.

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  • Apollo Headquarters Sells for $183M

    PHOENIX—CBRE has negotiated the sale of the Apollo Corporate Headquarters campus, a Class A, 599,664-square-foot, three-building, single-tenant office campus located at 4025, 4035, and 4045 S. Riverpoint Parkway in Phoenix for $183 million.

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  • New President for Valley Partnership

    PHOENIX—Valley Partnership has named Cheryl Lombard as its new president and CEO. In this role, Ms. Lombard will be responsible for leading and managing Valley Partnership, including developing and executing strategies, and managing the association’s resources, expertise, and leadership initiatives.

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  • Flagstaff Apartments Trade for $14M

    FLAGSTAFF—Cushman & Wakefield of Arizona, Inc. has negotiated the $14.35 million sale of Table Rock Apartments, located at 3400 S. Lake Mary Rd.

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  • Family Services Agency Leases in Phoenix

    PHOENIX—CBRE and JLL have negotiated a new 112,323-square-foot lease at Phoenix Corporate Tower located at 3003 N. Central Ave. in Phoenix.

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  • Camelback Square Trades for $42M

    PHOENIX—Velocis announced the purchase of Camelback Square, a three-story Class-A office project in the heart of Old Town Scottsdale. The asset was previously owned by Lincoln Property Company, along with a fund managed by Oaktree Capital Management, L.P.

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  • Mobile Village Trades for $24M

    PHOENIX—Marcus & Millichap has completed the sale of Chaparral Mobile Village, a fully improved, 359-site, all-age manufactured home community in Tempe at Kyrene and Baseline.

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  • Hilton Phoenix Airport Hotel Transformed

    PHOENIX—Waramaug Hospitality, a private investment group, unveiled the newly revitalized Hilton Phoenix Airport hotel. The 259-room property at the Phoenix International Airport has undergone a $7.5 million renovation.

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  • Fry’s-Anchored Center Changes Hands

    PHOENIX—ORION Investment Real Estate facilitated the sale of Sunburst Plaza in Glendale located at the Southwest corner of 43rd Avenue and Bell Road in Glendale.

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  • Lincoln Towne Center Trades for $59M

    PHOENIX—Equus Capital Partners, Ltd. sold Lincoln Towne Centre, a two building property totaling 226,112 square feet located at 4150-4250 N. Drinkwater Boulevard in downtown Scottsdale, to Transwestern Strategic Partners on behalf of its TSP Value and Income Fund for $58.85 million.

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  • Cole Buys Lafayette Pavilions for $54 Million

    LAFAYETTE, IN—Investors have come to find many retail centers in secondary markets quite attractive.

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  • NAIOP AZ Wins Three National Awards

    PHOENIX—Megan Creecy-Herman was named most outstanding chairman of the year and NAIOP Arizona earned two additional national awards Tuesday night at the industry organization’s annual meeting in Washington, D.C.

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  • NorthMarq Capital Arranges $13M Refi

    PHOENIX—James DuMars, senior vice president and managing director of NorthMarq Capital’s Phoenix-based office and Michael Elmore, executive vice president and managing director of NorthMarq Capital’s Los Angeles-based office arranged refinancing of $13 million for 19th & Pinnacle Peak Commerceplex – Phase II.

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  • Townhome Community in Tempe Sells

    PHOENIX—ABI Multifamily facilitated the sale of Dolce Villagio Townhomes, located in Tempe. The complete townhome community consists of 37 individually parceled units that were built in 2007 and are currently operating as luxury apartment rentals.

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  • Deal-Tracker: Multifamily on a Roll

    PHOENIX—In this edition of Deal-Tracker, ORION Investment Real Estate facilitated the sale of The Glen condominiums located near 63th Avenue and Bethany Home Road in Glendale.

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  • Valley Office Market Led by East Valley

    PHOENIX—Two words tell the story of the 2014 Metro Phoenix office market: East Valley. The Tempe, Scottsdale and Chandler submarkets outperformed the entire Valley, helping to pull the city back to real estate health, according to figures released by Cushman & Wakefield of Arizona, Inc.

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  • Some of the Biggest Issues Facing Low-Income?

    PHOENIX—In this EXCLUSIVE Q&A, GlobeSt.com’s Natalie Dolce chats with Flynann Janisse, of Rainbow Housing Assistance Corp. on low-income renters, and on how service enriched programs are important to investors and developers.

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