NGKF Sells Scottsdale’s Turnstone Office Park to Local Investors

Newmark Grubb Knight Frank (NGKF) announces the sale of Scottsdale’s Turnstone Office Park for $10,000,000. The 64,949-square-foot four building office complex located at 17767 – 17797 North Perimeter Drive in Scottsdale sold from Turnstone Office Park, L.P. to private local investors, SLR and NHR Turnstone, LLC. NGKF Capital Markets Managing Director Erik Marsh and Associate…

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Fresh Leadership Enters Marcus & Millichap in Phoenix

Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced Ryan Sarbinoff has accepted the position of regional manager in the firm’s Phoenix office. Previously, Sarbinoff was regional manager for Marcus & Millichap in Cincinnati.             “Ryan is an effective leader with a…

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CBRE and ViaWest Complete $23.3 Million Sale of Twin Office Properties in Chandler Midway Corporate Center

On behalf of ViaWest Properties, CBRE recently completed the sale of twin, two-story Class A office buildings in the Chandler Midway Corporate Center located at 5670 and 5710 W. Chandler Blvd. in Chandler, Ariz. Barry Gabel and Chris Marchildon with CBRE’s Phoenix office represented the seller, Phoenix-based ViaWest Group. The buyer was Encino-Calif.-based Kramer-Wilson Company,…

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The Opus Group® Announces Appointment of Brett Hopper as Senior Director of Development and Matthew Visnansky as Real Estate Manager

The Opus Group (Opus) announced today that two new associates have been appointed to Opus Development Company, L.L.C. Brett Hopper has joined as senior director, real estate development and Matthew Visnansky has joined as real estate manager, real estate development. In their new roles, Hopper will be responsible for sourcing new development opportunities and Visnansky…

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CBRE Completes $5.5 Million Sale of Industrial Property in Gilbert, Ariz.

CBRE Group, Inc., has completed the sale of 1405 N. Fiesta Blvd. in Gilbert, Ariz. Barry Gabel, Chris Marchildon, Brian Raczynski, Tim Watters, Evan Koplan and Mike Parker with CBRE’s Phoenix office represented the seller. The buyer was Abington Emerson Investments, based in Los Angeles, Calif. Total consideration for the sale was $5.5 million. “Fiesta…

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Cushman & Wakefield Recognizes Top Producers for 2016 in Phoenix

 Cushman & Wakefield celebrates achievement in 2016 with the announcement of its top producers in Phoenix. The firm honored 25 individuals and teams in each of its brokerage service areas including capital markets, tenant representation and agency leasing. The 2016 Top Producers list represents a combined transaction volume of approximately $2 billion. The 2016 Overall…

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The Opus Group® Announces Appointment of Brett Hopper as Senior Director of Development and Matthew Visnansky as Real Estate Manager

The Opus Group (Opus) announced today that two new associates have been appointed to Opus Development Company, L.L.C. Brett Hopper has joined as senior director, real estate development and Matthew Visnansky has joined as real estate manager, real estate development. In their new roles, Hopper will be responsible for sourcing new development opportunities and Visnansky…

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New to Downtown Gilbert: LGE Design Build Completes Construction on Dierks Bentley’s Whiskey Row

LGE Design Build’s latest addition to the Valley landscape is Gilbert’s Dierks Bentley’s Whiskey Row, a lively establishment that brings gastropub fare, live music and country culture to the East Valley. Construction on the 13,456 square-foot project located in the Heritage District at 323 N Gilbert Road, Gilbert, wrapped last month, with LGE serving as…

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Construction Commences on $50M Renovation of Renaissance Square

Cypress Office Properties, LLC announced today that construction has commenced on phase one of a $50 million renovation of Renaissance Square in Phoenix. The $10 million first phase includes upgrades to both building’s lobbies, the lower level lobby, elevators, the creation of a 7,000 square foot, multi-purpose conference facility and construction of multiple, high-end, move-in…

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Rio2100 Inks 300,000-Square-Foot Freedom Financial Lease

Rio2100, a 52-acre mixed-use development under construction at the intersection of Loop 202 and Loop 101 in Tempe, Ariz., has the announced execution of a 300,000-square-foot build-to-suit lease with Freedom Financial Network. Bryan Taute and Charlie von Arentschildt with CBRE’s Phoenix office negotiated the lease on behalf of the landlord, The Boyer Company. Freedom Financial…

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CONSTRUCTION EMPLOYMENT INCREASES IN 39 STATES OVER PAST 12 MONTHS; 17 STATES ADD JOBS IN MARCH FOLLOWING EARLY HIRING DURING MILD WINTER

Thirty-nine states added construction jobs between March 2016 and March 2017 while 17 states added construction jobs between February and March, according to an analysis by the Associated General Contractors of America of Labor Department data released today. Association officials noted that contractors in most states remain busy for now but worry about not being…

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