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  • CBRE Secures $40.4 Million Loan for Four-Property Retail Portfolio in Phoenix and Las Vegas

    CBRE Secures $40.4 Million Loan for Four-Property Retail Portfolio in Phoenix and Las Vegas

    Phoenix, Ariz. – CBRE arranged $40.4 million in debt financing for four multi-tenant retail centers located in metro Phoenix and Las Vegas. Bruce Francis, Dana Summers, Robert Ybarra, Shaun Moothart and Doug Birrell of CBRE, Debt & Structured Finance arranged the 10-year loan and full-term interest-only for the borrower, an institutional client of CenterSquare Investment

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  • Dutch Bros in Prescott, AZ Changes Hands

    Dutch Bros in Prescott, AZ Changes Hands

    Cushman & Wakefield of Phoenix sells 824 SF drive-thru coffee property PHOENIX, ARIZ. – Cushman & Wakefield completed the sale of Dutch Bros, located at 3169 Willow Creek Road in Prescott, Ariz. 3169 Willow Creek, LLC of Mesa, Ariz. purchased the property from Willow Creek Prescott AZ, LLC of Terre Haute, Ind. for $2.09 million.  Chris

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  • Orange Creek Apartments in Glendale, Ariz. Sell for $13.3 Million

    Orange Creek Apartments in Glendale, Ariz. Sell for $13.3 Million

    PHOENIX, ARIZ. – CBRE has arranged the $13.3 sale of Orange Creek Apartments in Glendale, Ariz. Bear Holdings Group, LLC acquired the 142-unit garden-style apartment community from Warranty Property Management, LLC. Brian Smuckler, Jeff Seaman and Bryson Fricke with CBRE in Phoenix represented the buyer and seller in the transaction. Built in 1985, the property is comprised

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  • The Astor at Osborn Officially Opens

    The Astor at Osborn Officially Opens

    Premier, Walkable Residential Community Adjacent to New Shopping Destination in Midtown Phoenix Ready for Occupancy PHOENIX, ARIZ – High Street Residential and MetLife Investment Management announce that The Astor at Osborn is officially open and ready for occupancy. The 5-story, Class A residential building features 191 residences ranging in size from 583-to-1,358 square feet –with a 5-story

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  • Gilbane Development Company and P.B. Bell Announce Opening of New Mid-Rise Apartment Community in Chandler

    Gilbane Development Company and P.B. Bell Announce Opening of New Mid-Rise Apartment Community in Chandler

    $40 Million community, Arista at Ocotillo, offers a luxury apartment option to Chandler residents CHANDLER, ARIZ. – Arista at Ocotillo, a new luxury mid-rise apartment community developed by Gilbane Development Company, recently opened in Chandler. The $40 million community is part-owned by P.B. Bell, a leader in multifamily housing development, management and acquisitions, who is also serving as

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  • Velocity Retail Group $5.7M NNN Sale of  Goodwill of Central Arizona in Queen Creek

    Velocity Retail Group $5.7M NNN Sale of Goodwill of Central Arizona in Queen Creek

    PHOENIX, ARIZ. –  Velocity Retail Group Investment Division completed the $5,700,000 NNN investment sale of a 25,000 square foot Goodwill of Central Arizona store at the Heritage Square shopping center in Queen Creek.  The shopping center is located at the southeast corner of Rittenhouse Road and Ellsworth Road in Queen Creek.  The project is a joint

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