Daum Negotiates Express Furniture Rental Lease at Distribution Center in Phoenix

Daum Commercial Real Estate Services has negotiated the lease of a 32,241-square-foot distribution center located at 5230 W. Buckeye Road in Phoenix for just under $1 million. Steve Bodeman, executive vice president with Daum Phoenix, represented the lessee, Express Furniture Rental, in the transaction. This represents Bodeman’s fourth lease transaction for Express Furniture Rental over…

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Caliber Acquires Holiday Inn & Suites; Hotel Room Ownership Rises to 30% Within 1.5 Miles of Phoenix Sky Harbor Airport

The 44th and McDowell Hotel Group, LLC, an affiliate of the Caliber Distressed Real Estate Income Fund (CDIF, LLC) private equity fund managed by Caliber Companies, today announced its acquisition of the 4-story, 228-room Holiday Inn Hotel & Suites Phoenix Airport North in Phoenix Arizona. The hotel is the Company’s third hospitality acquisition in three…

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COMMERCIAL PROPERTIES INC., IS PLEASED TO ANNOUNCE THE SALE OF A 16,194-SF INDUSTRIAL BUILDING IN PHOENIX

Commercial Properties, Inc., Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of a 16,194 SF industrial manufacturing building located at 4830 S 36th Street in Phoenix. Jeff Hays of CPI’s Tempe Industrial Team represented the seller, Hadco Corporation, in this $1.065 million sale. The site offers convenient freeway access…

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Ensemble Real Estate Solutions Achieves 100 Percent Occupancy in Deer Valley Medical Office Buildings II & III

Ensemble Real Estate Solutions has closed three new leases totaling 25,000 square feet at Deer Valley Medical Office Buildings II & III on the campus of HonorHealth Deer Valley Medical Center. These new deals bring the two medical office buildings (totaling more than 154,000 square feet) to 100 percent occupancy. Recent transactions that brought the…

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Cresa Phoenix Negotiates Purchase of 73,826 SF Building in Mesa on Behalf of Southwest Jet Center

Southwest Jet Center, owner of the largest private hangar at Scottsdale Airpark, recently purchased 73,826 SF on 5.6 acres of land at Phoenix-Mesa Gateway Airport, 5615 South Sossaman Road, in Mesa, Ariz. Chris Walton, Gary Gregg, Eric Walker, and Ryan Burkett of Cresa Phoenix represented the buyer. The landlord, GE Capital, was represented by JLL.…

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Natural Grocers to Open at Scottsdale Towne Square

DTZ, a global leader in commercial real estate services, announced today that Colorado-based Natural Grocers by Vitamin Cottage signed a lease for 27,827 square feet at Scottsdale Towne Square, 13802 N. Scottsdale Road. DTZ Managing Director’s Cliff Johnston and John Appelbe represented the landlord, Holualoa Scottsdale Retail, LLC. Greg Saltz, President at GPS RETAIL ADVISORS,…

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GROUP HEALTH & RYAN COMPANIES BREAK GROUND ON ADMINISTRATIVE, PHARMACY & LAB FACILITIES

Officials from Group Health Cooperative, Ryan Companies US, Inc., and the city of Renton broke ground today for their new operations facility in Renton, Wash. Renton Mayor Denis Law joined Group Health President and CEO Scott Armstrong and Ryan Companies US President and CEO Pat Ryan to mark the beginning of the construction project. “Group…

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