HINES KICKS OFF INFRASTRUCTURE CONSTRUCTION AND OFFICE DESIGN AT CHANDLER VIRIDIAN

Hines, the international real estate firm, has commenced construction on the infrastructure at Chandler Viridian and is moving forward with the design of the Class-A, six-story office building for the mixed-use property’s master plan development. Chandler Viridian, located at the northwest corner of the Loop 101/Loop 202 interchange in the heart of the Price Corridor…

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Top Tenant Representative Ruth Darby Returns to Colliers International

Colliers International in Greater Phoenix announces the return of Ruth Darby, one of the area’s top tenant representation professionals, to its Phoenix office. Darby, vice president, brings 16 years of in-depth corporate real estate experience. Darby has completed transactions in more than 30 markets throughout the United States and in Canada. She specializes in strategic…

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Phoenix + Food: $4.7 Million JLL Dos Gringos Portfolio Sale Reflects Strength

Phoenix loves its food, a characteristic that’s growing the local restaurant industry and building a strong investment story for restaurant real estate. This strength is evidenced by JLL’s recent $4.7 million Dos Gringos, Inc. restaurant portfolio sale, a multi-building deal spanning three active retail markets. JLL’s Tyson Switzenberg, John Reva, Trask Switzenberg and Matthew Berres…

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Gov. Ducey’s trade mission builds confidence with Arizona’s largest trade partner

President and CEO of the Greater Phoenix Economic Council (GPEC), Chris Camacho, joined Governor Doug Ducey in Mexico City for an important trade mission last week, with more than 40 business, university and government leaders – including GPEC board members Sharon Harper of The Plaza Companies, David Rousseau of SRP and University of Arizona President…

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Colliers International Completes $4.2 Million Sale of Scottsdale Office Building Slated for New Design Retrofit and Rename

Colliers International in Greater Phoenix sold a 41,348-square-foot multi-tenant, Class B office building in Scottsdale for $4.232 million, or $102 per square foot. The former Scottsdale Airpark Plaza building is being fully redesigned, renovated and renamed Habitat-X (known as Hab-X). EDU3 Ventures of Scottsdale and SHOP LLC of Phoenix purchased the building, located at 13430…

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CUSHMAN & WAKEFIELD COMPLETES $4.9 MILLION SALE OF VILLA DE LA PAZ APARTMENTS

Cushman & Wakefield of Arizona, Inc. completed the $4.9 million sale of Villa De La Paz Apartments, 6041 W. Thomas Rd. The eight-building apartment complex was constructed in 1983 and contains 103 units totaling 82,701 square feet ($59.25 PSF). The property currently boasts 90 percent occupancy. Maryland Gardens Investors LLC of Phoenix purchased the property…

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CUSHMAN & WAKEFIELD NEGOTIATES EXPANSION FOR WESTERN REFINING AT PAPAGO BUTTES CORPORATE PLAZA

Cushman & Wakefield of Arizona, Inc. recently negotiated a lease expansion for Western Refining at Papago Buttes Corporate Plaza, located at 1250 W. Washington St. The expansion results in the company occupying an entire four-story, 105,000-square-foot building. Western Refining has agreed to lease 17,723 square feet of additional space on the fourth floor of the…

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IMH FINANCIAL CORPORATION ANNOUNCES MORE THAN $7 MILLION IN PROPERTY ENHANCEMENTS TO L’AUBERGE DE SEDONA

This summer, L’Auberge de Sedona, the acclaimed creekside retreat nestled among the Red Rocks of Sedona, will undergo more than $7 million in property enhancements, and unveil an elevated creekside arrival experience and enhanced luxury guest accommodations this fall. The L’Auberge de Sedona is owned and operated by IMH Financial Corporation. As part of the…

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