CBRE Completes Sale of 44-Unit Apartment Community in Cottonwood, AZ

CBRE has completed the $3.625 million sale of Courtside, a 44-unit apartment community, located at 220 South Sixth St. in Cottonwood, Arizona. Brian Smuckler and Jeff Seaman with CBRE Phoenix Multifamily Investment Properties, and Jeff Kunitz and Johnathan Smith with CBRE Affordable Housing, based in Seattle, represented both the buyer and seller. The buyer, Courtside…

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EverWest Real Estate Partners Acquires Class A Office Building

EverWest Real Estate Partners, in partnership with one of their private investors,  is pleased to announce the acquisition of Seville Professional Center, a one two-story building totaling 92,581 square feet located at 7001 North Scottsdale Road in Scottsdale, Arizona. The Class A office building is situated on +4.005 net acres and is leased to a broad mix of…

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Marcus & Millichap Arranges the Sale of A Nine-Unit Apartment Building

Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Water Street Houses, a 9-unit apartment property located in Tucson, Arizona, according to Ryan Sarbinoff, regional manager of the firm’s Phoenix office. The asset sold for $3,300,000. Hamid Panahi…

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Research Analyst from Lee & Associates Joins Top Ranked Cushman & Wakefield Industrial Team

Cushman & Wakefield announced that Matt DePinto has joined the firm’s Phoenix office as a Senior Brokerage Coordinator for the industrial team of Mike Haenel, Andy Markham, Will Strong and Phil Haenel.  Matt joins the firm from Lee & Associates where he was the Senior Research Analyst. With over 10 years of industry experience, he…

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NAI Horizon Senior VP Laurel Lewis posts stellar month: 5 leases, 1 sale totaling more than $2M, 23,000 SF

August proved to be a scorcher for NAI Horizon Senior Vice President Laurel Lewis, who closed five lease transactions totaling $1.785 million (21,198 square feet) and the sale of an office condo for $395,000. Lewis, a member of the Office Properties Group, began the month representing the tenant in a long-term lease for GeoTek Operations…

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Iconic Design Studio completes wide spectrum of commercial projects

Iconic Design Studio recently completed high-end interior design services for a variety of clients including the developer of Bible study software, an organization that provides business services to schools, a retinal specialist, and a water conservation group.   Besides providing interior design services, Owner/Principal Kelli Berry of Phoenix-based IDS consulted on tenant improvements and conceptual…

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Marcus & Millichap ARRANGES THE SALE OF a 50-UNIT APARTMENT BUILDING

Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Catalina Vista, a 50-unit apartment property located in Tucson, AZ, according to Ryan Sarbinoff, regional manager of the firm’s Phoenix office. The asset sold for $2,980,000. Hamid Panahi, and James…

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Cushman & Wakefield Completes Sale on Behalf of Sliger Buckhorn Limited Partnership

Family Trust Buys 15.62 Acres in Mesa, Arizona Cushman & Wakefield announced that Sliger Buckhorn Limited Partnership sold 15.62 acres at the northwest corner of Recker and Main Street in Mesa, Arizona for $2.15 million to the McHenry Family Trust. Brian Rosella of Cushman & Wakefield represented the seller. The property is currently home to…

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Fidelity National Title Commercial Sales Executive Leo Sanchez Elected Vice President of MRED Board of Directors

Leo Sanchez, Commercial Sales Executive of Major Accounts at Fidelity National Title Agency, has been elected Vice President of the Board of Directors for the W.P. Carey School of Business, Masters of Real Estate Development Alumni Program.   In May Sanchez completed the prestigious W.P. Carey School of Business, MRED Program. Sanchez, who has been…

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Lee & Associates Arizona negotiates purchase of $10.3M industrial property in Sky Harbor submarket

Lee & Associates Arizona announced today that Principals Ken McQueen and Chris McClurg negotiated the $10.3 million purchase transaction of a 117,885-square-foot industrial property situated on 12.17-acres in the heart of the Phoenix Sky Harbor International submarket.     Industrial specialists McQueen and McClurg represented the buyer, HUB 317, LLC., a joint venture partnership between…

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Marcus & Millichap Arranges the Sale of 16,000 square foot Retail Property

Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of The Learning Experience, a 16,000-square foot retail property located in Gilbert, AZ, according to Ryan Sarbinoff, regional manager of the firm’s Phoenix office. The asset sold for $3,821,400. Mark…

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