CBRE Brokers Sale of Two Multifamily Phoenix Properties Totaling $4.825 Million

CBRE has completed the sale of two multifamily properties located in the metro Phoenix area in two separate transactions totaling $4.825 million.   Brian Smuckler Jeff Seaman, Derek Smigiel with CBRE’s Phoenix office represented the buyers and sellers in both transactions.   ·        Northern Palms is a 50-unit multifamily community located at 2835 W. Northern Avenue in Phoenix’s…

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McShane Construction Company Selected to Complete Phase II of Desert Gateway Industrial Business Park in Phoenix

Milt Elmer, Vice President of McShane Construction Company’s Southwest Region, is pleased to announce that the firm was selected to provide the comprehensive construction services for Phase II of Desert Gateway following the successful completion of Phase I. The multi-building industrial project is underway for a joint venture between Griffin Opportunities LLC and 36th Street…

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HFF closes sale of and arranges $93.5M in financing for high-profile mixed-use project in Phoenix

Holliday Fenoglio Fowler, L.P. (HFF) announced today that the sale of High Street, a 628,000-square-foot, high-profile mixed-use project containing 99 multi-housing units; 174,705 square feet of retail, dining and entertainment options and 330,369 square feet of office space in Phoenix, Arizona, has closed. HFF marketed the property on behalf of the seller, City North Associates,…

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Concord General Contracting Hires Cindra Ray Salisbury as Project Manager

Concord General Contracting, Inc. is proud to announce the hiring of Cindra Ray Salisbury as Project Manager. Ray Salisbury will be responsible for communicating information between the design team and subcontractors. She is a talented project manager who approaches every project in a detailed and analytical manner.   Ray Salisbury brings 26 years of experience…

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New Hire in JLL Phoenix Office Expands Company’s National Property Tax Practice

JLL today announced it has expanded its national property tax practice, adding Domingos Santos, Jr. as a Senior Vice President in the JLL Phoenix office. Santos joins three other new U.S. team members who, along with Santos, Jr., will report to David Dodd, Executive Vice President for JLL’s Valuations and Advisory Services. “We are committed to growing our…

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3.88 Acres at The Watermark | Tempe Sold to Trinsic Residential Group for $14.7M

Fenix Development and Cushman & Wakefield announced today that 3.88 acres at The Watermark | Tempe sold to Dallas-based Trinsic Residential Group for $14.7 million. The Cushman & Wakefield team of Brent Moser, Mike Sutton and Brooks Griffith represented the seller, Los Angeles-based Fenix Development in the transaction. Aura at Watermark, the high-rise apartment tower…

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CBRE Welcomes Suzanne Droubie as Vice President of Property Tax Services

CBRE Group, Inc. announced today the company has hired Suzanne Droubie as Vice President of Property Tax Services. In her new role, Ms. Droubie will focus on advising colleagues, associates, and clients on all aspects of commercial property tax, such as appeal processes, minimizing tax liability, tax estimates current holdings and future acquisitions,n Arizona, New…

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Patriot Commercial Properties Announces Recent Sale Transactions

Patriot Commercial Properties announces recent sale transactions in the Greater Phoenix Metro Area.   SALE TRANSACTIONS   Hunt Investments has purchased a 6,600 square foot retail property at 418 N Hunt Drive in Mesa. The single-story, multi-tenant retail property was purchased from Y&LT, LLC. Jack Stein of Patriot Commercial Properties represented the Seller in the transaction.  …

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Jane Cebrynski Joins CBC Advisors

CBC Advisors Expands Asset Services with Director of Business Development    Coldwell Banker Commercial Advisors today welcomed Jane Cebrynski as director of business development of Asset Services. She will be working from the new Phoenix office. “We are pleased to introduce Jane to the Advisors team and are looking to her to increase our market…

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