Paul Saffo to Keynote ULI Arizona’s 2016 Real Estate Trends Day Focused on ‘The Next 10 Years’

The Urban Land Institute (ULI) has selected Paul Saffo, a highly respected forecaster of large-scale, long-term change as the 2016 Trends Day Keynote. Governor Doug Ducey and Arizona State University President Michael Crow will also lead compelling discussions centered on Arizona’s future. Saffo teaches at Stanford University and chairs the Future Studies and Forecasting track…

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CBRE Completes $24.75 Million Sale of Village Center – Sale Highlighted by Unique Target Ground-Lease

CBRE has completed the sale of Village Center, a 171,129-square-foot shopping center located at 4304 E. Cactus Road in Phoenix. The asset, which is highlighted by a unique Target ground-lease, commanded a sale price of $24.75 million. A team of brokers including Jesse Goldsmith and Steve Julius with CBRE’s Phoenix office and George Good and…

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LGE Design Build Completes 32,500 SF Office/Warehouse for Food Service Equipment Distributor

LGE Design Build has recently completed construction of a new 32,500-square-foot office/warehouse building for TruTemp Equipment, the largest wholesale food service equipment distributor in the Southwest. TruTemp’s building is located at 4010 E. Raymond St. in Phoenix within the Pinnacle Business Park. TruTemp outgrew its previous location for the third time in the past 12…

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CBRE Completes $22.625 Million Sale of Redevelopment Site in Old Town Scottsdale

CBRE has completed the sale of a commercial property poised for redevelopment, which is located at the southeast corner of Camelback and Scottsdale Roads in Old Town Scottsdale. The sale of the ±2.72-acre site (±118,630 square feet) included the ±67,691-square-foot multi-tenant office property at 7201 E. Camelback Road and the ±1,020-square-foot retail property located at…

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BERKADIA NEGOTIATES $16.8 MILLION SALE OF MULTIFAMILY PROPERTY AND DEVELOPMENT PARCEL NEAR ARIZONA STATE UNIVERSITY

Berkadia announced today the $16.8 million sale of The Mark, in Tempe, Arizona. The community is within walking distance from Arizona State University (ASU), catering to student renters. Vice President Dan Cheyne, Senior Managing Director Mark Forrester and Managing Director Ric Holway of the Phoenix office, as well as Managing Director – Student Housing Kevin…

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LGE Design Build Completes Tenant Improvements for Desert Kidney Associates Near Chandler Regional Medical Center

LGE Design Build has recently completed tenant improvements for the 4,151-square-foot Desert Kidney Associates’ Chandler office. Desert Kidney Associates, 2233 W. Fairview St. in Chandler, is located at the Fairview Medical Center, a 20,250-square-foot medical office building near the Chandler Regional Medical Center and Loop 202. Desert Kidney Associates has nine exam rooms, medical service…

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SimonCRE Purchases Historic “1917 OS Stapley Buildings,” Signs Lease with Tuft & Needle

Commercial real estate developer SimonCRE purchases the +/-36,000 SF completely remodeled and refurbished “1917 OS Stapley Buildings” located in the up and coming Lower-Grand Avenue Business District in Downtown Phoenix. Emerging mattress startup Tuft & Needle will occupy the entirety of the buildings for their new Arizona headquarters, bringing the buildings to 100% occupancy at…

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Now Leasing: New Apartment Homes, Encantada at Tucson National

HSL Properties is excited to announce the completion of a new $46 million, 368-unit luxury apartment home community. Encantada at Tucson National is currently leasing on Tucson’s northwest side. The community marks the latest addition to the exponentially successful, premiere, Southern Arizona fine-living Encantada apartment collection from HSL. The Encantada apartment collection includes communities at…

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PICOR CHARITABLE FOUNDATION AND COMMUNITY PARTNERS GIVE $43,000 TO TUCSON YOUTH-SERVING CHARITIES

PICOR Charitable Foundation’s 21st Annual Pancake Breakfast was held October 11th in Reid Park. The volunteer grant committee has just distributed the full $43,000 directly back into the Tucson community with awards to 30 local charities, benefitting disadvantaged and at-risk youth, just in time for the holidays. The Foundation carries forward a tradition started by…

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Like Santa, Colliers Employees Bring Gifts & Food to Good Boys & Girls

With jolly good cheer, about 50 Colliers International in Greater Phoenix employees participate in the adopt-a-family program each year.   Started by Paul Sieczkowski, executive vice president, the program provides gifts and food for needy Phoenix families. This year, Colliers adopted a family of five through the Hacienda Skilled Nursing Facility. Colliers will deliver gifts…

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A.T. Still University Leases 100,000 SF Within Alter’s Arizona Health & Technology Park

A. T. Still University of Health Sciences (ATSU) has renewed 100,086 SF of office space across three buildings at Alter’s (www.altergroup.com) Arizona Health & Technology Park in Mesa, Ariz.  The facilities are located at 5835, 5845 and 5855 East Still Circle within the 50-acre campus.  Michael J. Alter, President of Alter, announced the expansion. Featuring…

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