ALTA TEMPE, NEW 296-UNIT APARTMENT COMMUNITY NEAR MARINA HEIGHTS IN DOWNTOWN TEMPE, ARIZONA, AVERAGING 30 LEASES PER MONTH

Upscale apartments with luxurious amenities are in high demand near the new Marina Heights office development, where developer Wood Partners is averaging 30 leases a month at its new Alta Tempe complex. The 296-unit community is uniquely positioned to serve residents seeking proximity to the state’s largest office park when it’s complete in 2017, as…

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Everest Holdings Appoints Kate Beatty Vice President of Financial Operations

Everest Holdings has hired Kate Beatty to serve as vice president of financial operations to provide oversight of the diversified real estate investment and advisory company’s finances, financial reporting and asset management activities.   “Kate is a veteran in real estate finance and strategy on the local and national stage and will provide tremendous leadership…

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Valley Partnership announces stellar Advocates class of 2015-16

Valley Partnership announced its 2015-16 Advocates class with this year’s 25 candidates selected from a record 49 applicants. “This is the largest number of applications we’ve received since the program’s inception – 12 more than last year. We’re thrilled with the response for just the third year of the program,” said Cheryl Lombard, President and…

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Dunkin’ Donuts Anchored Center Sells at 100% Occupancy

Ahwatukee Foothills Center, a prestigious Ahwatukee Foothills drive-thru Pad built in 2002, sold for $2,038,000. The property is located on Chandler Boulevard, just west of Interstate 10, in a dense retail corridor with over 250,000 SF at the intersection. Notable neighboring tenants include LA Fitness, Kohl’s, CVS and Tutor Time. “We received an overwhelming amount of interest…

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OPPORTUNITIES ABOUND: SRP, ASU investing in Tempe’s future

Valley Partnership has announced the topic for its upcoming monthly breakfast on Friday, Sept. 25. This month’s program will feature a discussion on why the Salt River Project and Arizona State University continue to invest in the city of Tempe. The panel will feature John Creer, Assistant Vice President for Real Estate Development at ASU; Mitch Rosen, Development Manager,…

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Watt AZ Pipeline Hits $45 Million with New View 32 Project

A just-closed $2.47 million land purchase is making way for View 32, a Watt Communities of Arizona project that brings the already active local residential builder into the Arizona rental apartment market. View 32 also marks Watt’s second urban infill residential project located within the City of Phoenix’s North 32nd Street revitalization corridor. Watt is already underway on…

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