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SUN CITY, AZ-Eckerd Corp. sells the 13,813-sf store at 9901 W. Thunderbird Rd. to a Denver couple with 1031 Exchange money. The proceeds buy a triple-net leased property with a credit tenant locked into a 20-year lease.
PEORIA, AZ-The popular shopping center, now 100% occupied, is getting an add-on of 40,757 sf and a 3,000-sf pad site to take the bottom line to 181,835 sf. The additional space is 45% pre-leased.
PHOENIX-Three employees have been brought in from the Colorado and West Des Moines divisions while the fourth newcomer is a hire from the metro market. Their positions range from project engineer to assistant project manager.
TUCSON-Claim Jumper Restaurants will build a 13,000-sf bistro at 3601 E. Broadway, adjacent to the newly renovated El Con Mall. The eatery, ticketed to open in second quarter 2004, is the fourth in the California chain's Arizona lineup.
PHOENIX-An Orix-backed JV has kicked off work on the site, bought about five months ago for $10 million from Marriott. The project will have 19,400 sf of inline space with a 33,249-sf Circuit City and 14,375-sf Eckerds. An October delivery is planned.
PHOENIX-Bob Olshan looks to "expand" his horizons as he joins a company with growth strategies for the Phoenix market and the rest of the Southwest. Olshan says the move culminates about a year of talks.
PHOENIX-SPI Distribution, a Massachusetts firm, moves into industrial space that's been empty for about a year in Martin Van Buren Commerce Park, a six-building project now 80% occupied. The 39-month lease is valued at $90,000 over the term.
ANTHEM, AZ-Before the month ends, ground will break on another 50,000 sf at Desert North Commerce Center, a $15-million retail project with a 92% occupancy of mostly community services' tenants.
PHOENIX-Fine Line Fabricating is planning to move in June into the single-story industrial building at 17464 N. 25th Ave., turning on the lights in a structure that's been on the market four months.
PHOENIX-Spindex Physical Therapy USA gets a second location in the metro by besting several others for the freestanding building at 1727 E. Bell Rd. in the northern tier. Interest ran high because it's a rare find in terms of size and age in the submarket.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
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Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource