HINES EMPLOYEES FEED HOMELESS IN DOWNTOWN PHOENIX

Hines, the international real estate firm, joined forces Friday, May 29, with Phoenix’s Lodestar Day Resource Center to help end homelessness. Along with Nibblers Catering, employees from several of Hines’ Phoenix properties served nutritious meals and water to hundreds of Valley community members dealing with homelessness. Representatives from Hines’ properties, including Renaissance Square, 24th At…

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ALFREDO J. MOLINA BRINGS AMERICA’S FIRST JEWELER SINCE 1810 TO PHOENIX; CONSTRUCTION BEGINS TODAY

Alfredo J. Molina, president and chairman of Molina Fine Jewelers, has announced construction on his Phoenix location, allowing for the iconic luxury brand, Black, Starr & Frost – America’s First Jeweler since 1810, to serve clients under the same roof of his well-known chateau-style building at 32nd Street and Camelback. Located in the Biltmore Plaza…

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200+ Valley Partnership Volunteers Will Transform Florence Crittenton Scottsdale Girls Ranch Campus on Saturday, November 7

Florence Crittenton Services of Arizona today was selected as recipient of the 2015 Valley Partnership Community Project. The event is Nov. 7 at the Scottsdale Girls Ranch Campus, 8204 E. Monterey Way. For more than 118 years, Florence Crittenton Services of Arizona has been dedicated to serving at-risk and underserved girls and young women. It…

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CBRE Releases Recent Transaction Report

International Rescue Committee has leased 6,200 square-feet of office space at 2100 N. Kolb Rd. from Reay’s Ranch Investors LLC. CBRE’s Tucson office handled the transaction with Pete Villaescusa, Bruce Suppes, and Jesse Peron representing the landlord/sublessor and Bruce Suppes and Ian Stuart representing the tenant/sublessee. Communicus One LLC has leased 3,038 square-feet of office…

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LGE Design Build Starts Phase 2 Construction of Heritage Marketplace with Momentum

LGE Design Build is starting the construction of the second phase of Heritage Marketplace with rapid leasing momentum. Phase 2, slated to begin construction in late June with a December completion, is already experiencing strong pre-leasing activity. Phase 1 is complete and 100 percent leased for retail and restaurant spaces. An integral part of Gilbert’s…

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HELIX CAPITAL CLOSES $5.835 MILLION LOAN

Helix, an Arizona-based commercial real estate investment, development, brokerage and management company, recently closed a $5.83 million private loan deal. Helix provided private financing for a 52,134 square feet shopping center located at Bell and Reems Roads in Surprise, Ariz. The shopping center is 100 percent leased and Mountainside Fitness is the anchor tenant, occupying…

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CBRE’s Catharine Teeter Promoted to Regional Sales Director for the Southwest Region

CBRE has announced that Catharine Teeter has been promoted to the position of Regional Sales Director for the Southwest Region. In this role, she will work closely with the Managing Directors in CBRE’s Phoenix, Tucson, Salt Lake City, Las Vegas and Albuquerque offices on reporting business and market share activity, new business pursuits, pipelines and…

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Sun State Builders Announces the Completion of the Eastgroup Properties Building in Phoenix

Sun State Builders is proud to announce the completion of another speculative development project for a leading national developer. Sun State Builders, Eastgroup Properties, and Butler Design Group teamed up to construct the industrial spec building located in Sky Harbor Business Park at 1725 E. University Drive. The team utilized the City of Phoenix Self-Certification…

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ViaWest Group Sells Crossroads of Tempe for $17.25M

ViaWest Group has successfully sold 96,691 SF of office space within the commercial complex, Crossroads of Tempe. Phoenix-based ViaWest Group acquired the nearly vacant office-retail property in 2011 for $4.055 and sold the retail portion shortly after for $1.3M. Four years later, after investing in the two remaining vacant, shell condition office buildings, ViaWest Group…

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Haven Behavioral Health Expands to 30,000 Sq. Ft. at Phoenix Memorial Center

CBRE has negotiated an additional 8,000 square feet of leased space at Phoenix Memorial Center. Haven Behavioral Health has expanded to 30,000 square feet, up from 22,000 square feet. Phoenix Memorial Center is now 93.4 percent leased. Kate Morris and Vince Femiano with CBRE’s Phoenix office represented the landlord, Memorial Key, LLC of Gilbert, Ariz.…

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