Opus to Develop ±390,000-Sq.-Ft. Industrial Project West of Phoenix Sky Harbor International Airport

In October, Opus Development Company, LLC purchased a 23-acre parcel of land at the northeast corner of 7th and Elwood Streets in Phoenix. The company has plans to develop a ±390,000-square-foot industrial property on the site. The project is being called Opus Airport Industrial and will break ground in February. John Werstler, Cooper Fratt and…

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ABI Multifamily Releases Year End 2015 Multifamily Construction Pipeline Report for the Phoenix MSA

ABI Multifamily, a dedicated multifamily brokerage and advisory services firm, is pleased to announce the release of the Phoenix MSA’s Year End 2015 Construction Pipeline Report. The Construction Pipeline Report, released quarterly, provides information on all multifamily construction activity, 50+ unit properties, throughout the greater MSA. “2015 was truly a remarkable year for the Phoenix…

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Ryley Carlock & Applewhite Welcomes Jason Cassidy to the Firm

Ryley Carlock & Applewhite is pleased to announce that Jason L. Cassidy has joined the firm’s Litigation Practice Group. Cassidy works with clients to resolve disputes involving the Federal Tort Claims Act, real estate, defamation, land use/zoning, discrimination, ADA/disability issues, bankruptcy, the False Claims Act, contracts, state and federal laws, and a wide variety of…

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Roosevelt Business Park in Southwest Phoenix Sells for $14.9 Million

Cushman & Wakefield, a global leader in commercial real estate services, announced today that Roosevelt Business Park, a four-building industrial park at 7150 W. Roosevelt, has been sold for $14.9 million. Cushman & Wakefield Senior Vice President Gary Anderson, Senior Managing Directors Paul Boyle and Rick Danis, along with Associate Mike Gilbert negotiated the sale…

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KNIGHT MANAGEMENT HIRES LINDSAY BENNETT AS BUSINESS DEVELOPER

Knight Management, a leading commercial property management firm in Metro Phoenix for nearly 40 years, has hired Lindsay M. Bennett as Business Developer for the firm.   Ms. Bennett will be responsible for new business generation, strategically researching opportunities for the company and networking within the commercial real estate industry to establish new customers.  She…

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Plaza Companies’ Brokerage Services Team Ends Successful Year with $56 Million in New Sales, Leases for 2015

Plaza Companies’ Brokerage Services Team impacted the medical office marketplace and ended a vibrant year in 2015 with robust sales and leasing numbers. As the commercial and medical office real estate market continued its growth, the Brokerage Services Team tallied a total of $39 million in new lease deals from 111 new and renewed leases…

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MARCUS & MILLICHAP SELLS TWO MULTIFAMILY PROPERTIES IN CENTRAL PHOENIX FOR A COMBINED $3,225,000

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 Campbell Apartments and Fountain Springs Apartments which sold in two separate transactions. Campbell Apartments, a 24 unit building, commanded a sales price of $1,825,000 or $76,042 per unit. Fountain…

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Paradise Valley Corporate Center in Scottsdale Sells for $37.4 Million

Cushman & Wakefield, a global leader in commercial real estate services, announced today that Executive Director Chris Toci and Director Chad Littell negotiated the sale transaction of Paradise Valley Corporate Center for $37.4 million. Team Toci of Cushman & Wakefield represented the Seller who sold the property to Buchanan Street Partners of Newport Beach, Calif.…

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Colliers International in Greater Phoenix Expands Healthcare Services Team

Colliers International in Greater Phoenix announced the addition of Rachael Thompson, senior associate, to its Phoenix office. Thompson specializes in healthcare real estate services with a focus on landlord representation. Thompson joins the well-established healthcare services team of Michael Dupuy and Fletcher Perry, both associate vice presidents; and Sean Westfall, associate. She is also a…

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