Phoenix

  • C&W Inks Leases at Scottsdale Office Center

    PHOENIX—Cushman & Wakefield of Arizona, Inc. negotiated 21,085 square feet of new leases at Scottsdale Executive Office Center, 15880, 15990 and 16100 N. Greenway-Hayden Loop.

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  • Business Park Trades for $14M

    PHOENIX—Lee & Associates announces the sale of the two-building Superstition Springs Business Park at 7307 and 7427 E. Hampton Ave. in Mesa for $14 million. Total square footage for the project was 101,411.

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  • Helix Acquires Two Commercial Properties

    PHOENIX—Helix, a Phoenix-based commercial real estate brokerage, management, investment services and development company, recently acquired two new commercial properties: Pebble Creek Plaza Retail Pads in Goodyear and Zanjero Falls in Glendale.

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  • Senior Housing, Multifamily Join Forces

    PHOENIX—IPA, an operator of multifamily communities in Michigan and Arizona, and Retirement Community Specialists, Inc., an operator of luxury senior housing communities in Arizona, recently announced they have joined together under the same umbrella company, IPA, LLC.

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  • High Tech Spills into Suburbs

    PHOENIX—As goes the high-tech industry, so goes opportunity. Once a high-tech company anchors a neighborhood, housing prices rise, new amenities spring up and unemployment dips.

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  • Opportunistic Partnership Grows in Southwest

    PHOENIX—Santa Ana-based MCA Realty has partnered with HG Capital to acquire a 72,241-square-foot industrial and manufacturing asset located at 6720 S. Clementine Court in Tempe.

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  • AZ, Southwest Net Lease, ‘Feeding Frenzy’

    SCOTTSDALE, AZ—According to a source we spoke with in this EXCLUSIVE Q&A, properties in the net lease retail space are being sold at near record cap rates.

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  • Cody Kollmann Joins C&W

    PHOENIX— Cody Kollmann has joined Cushman & Wakefield of Arizona, Inc. as an associate in the Office Division of the Tenant Representation Group.

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  • Navigating the Murky Waters of Bankruptcy

    PHOENIX—For most, the world of bankruptcy is in impenetrable web of rules, regulations, and code speak. As a result, few people are willing to dedicate the time and effort needed to understand the sometimes Byzantine rules of the bankruptcy process. GlobeSt.com caught up Todd Tuggle, an attorney with Phoenix-based Jennings, Strouss & Salmon P.L.C., to discuss the ins and outs of this weighty process.

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  • EXCLUSIVE: LA Buyer for Tucson Townhomes

    TUCSON—Berkadia facilitated the sale of Paseo Del Sol Townhomes, located at 6280 S. Campbell Ave. in Tucson. The seller was Bayview Loan Servicing LLC of Coral Gables, FL; the buyer was Summit Paseo Del Sol LLC of Los Angeles.

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  • CA Buyer Takes Watson Marketplace for $22M

    PHOENIX—Faris Lee Investments has completed the $22 million sale of Watson Marketplace, a fully leased, 90,000-square-foot retail center located in Buckeye, a growing submarket 30 minutes west of Phoenix.

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  • BH Properties Grows AZ Industrial Presence

    PHOENIX—BH Properties, a Los Angeles-based firm that specializes in acquiring and repositioning challenged or distressed real estate properties, has purchased the Shasta Beverages, Inc. warehouse facility, located at 301 S. 29th St. in Phoenix. The all-cash deal closed in 18 days.

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  • $21M Sale of Tucson Apartments

    PHOENIX—CBRE has completed the sale of the Tanque Verde apartment complex, 428-unit multifamily community located at 7671 E. Tanque Verde Rd. in Tucson. The multifamily asset sold for $21.3 million.

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  • EXCLUSIVE: C&W Adds Bob Kline to Capital Markets Group

    PHOENIX—Signaling a move to expand its Capital Markets platform, Cushman & Wakefield has added a capital markets and commercial real estate veteran to its leadership roster. Bob Kline of RW Kline Companies has joined the firm as senior managing director of the Equity, Debt and Structured Finance Group.

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  • CBRE Secures $46M in Financing

    PHOENIX—CBRE capital markets’ debt and structured finance team arranged $46.4 million in CMBS debt in three major transactions across the Western US.

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  • Ensemble and PCH Launch Partnership

    PHOENIX—Ensemble Real Estate Solutions, a Phoenix-based full-service healthcare real estate firm, has established a strategic relationship with Phoenix Children’s Hospital to serve as its exclusive real estate advisor.

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  • Scottsdale Quarter's "Block M" Inks Lease

    PHOENIX—Glimcher Realty Trust and CBRE announce the first office lease for Scottsdale Quarter’s new 170,000-square-foot, class A, mixed-use building in North Scottsdale. Located at the southeast corner of the high-end lifestyle center, the new, six-story tower will be the new home of Phoenix-based hospitalist group Apogee Physicians’ corporate headquarters.

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  • Deal-Tracker-C&W Racks Them Up

    PHOENIX—In this edition of Deal-Tracker, Cushman & Wakefield of Arizona, Inc. negotiated a long-term lease renewal at Granite Commerce Center, 405 N. 75th Ave., Suite 180, for a lamination distribution company.

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  • Eyewear Co. Buys 107K SF Center

    PHOENIX—Marcus & Millichap announces the sale of La Ronde Centre, a 106,503-square-foot retail property located in Sun City. The asset sold for $8 million. La Ronde Centre is located at 14656 N. Del Webb Blvd.

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  • Road Machinery Grabs 114K SF Warehouse

    PHOENIX, AZ – A Phoenix-based company bought a 113,827-square-foot industrial warehouse facility at 317 S. 48th St. in Phoenix for $9.2 million. Lee & Associates principal Ken McQueen represented the buyer, Road Machinery, LLC. The seller was Verde Investments, Inc. of Phoenix.

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