LEDONNA SPONGBERG JOINS CBRE’S PHOENIX OFFICE AS FIRST VICE PRESIDENT OF RETAIL LEASING

CBRE has announced that LeDonna Spongberg, a retail leasing professional, has joined the company’s Phoenix office as a first vice president. Ms. Spongberg comes to CBRE to join regional retail leaders from the United Commercial Realty (UCR) Urban Leasing team. Dallas-based UCR was acquired by CBRE earlier this year. Locally Ms. Spongberg will partner with…

Details

Melissa A. Swader joins the Sperry Van Ness, LLC in Phoenix as the New Public Relations Media & Marketing Contact

Melissa A. Swader has joined the Sperry Van Ness team in Phoenix, AZ as the new Public Relations Media and Marketing Contact. Swader will be involved in all aspects of planning publicity campaigns, writing and producing presentations and press releases. She will also be your contact for organizing joint promotional events such as fundraisers, press…

Details

LGE Design Build Completes Lo-Lo’s Chicken & Waffles at Heritage Marketplace in Gilbert

LGE Design Build has completed construction of Lo-Lo’s Chicken & Waffles at Heritage Marketplace, a family friendly, pedestrian-oriented, mixed-use development in downtown Gilbert. Lo-Lo’s Chicken & Waffles, 366 N. Gilbert Road, is now open. The 4,300-square-foot restaurant offers a full bar with several large television screens and outdoor seating that draws energy from the street.…

Details

EL PASO HOUSING AUTHORITY RENTAL ASSISTANCE DEMONSTRATION (RAD) PROJECT REACHES CLOSING WITH HUNT COMPANIES, INC.

Hunt Companies, Inc. (“Hunt”) and the Housing Authority of the City of El Paso (“HACEP”) today announced the successful closing on 1,590 units at 13 separate properties across the City. This project is Phase I of the country’s largest Rental Assistance Demonstration Project, representing a $250 million initial public/private investment of what could potentially grow…

Details

IRGENS LEASES 17,979 SF TO INTEGRA AT 5055 EAST WASHINGTON STREET CLASS A OFFICE BUILDING

Irgens is pleased to announce that Integra, one of the largest facilities-based providers of communication and networking services in the western United States, has leased the entire third floor of 5055 East Washington Street in Phoenix. Integra’s lease of 17,979 square feet leaves just one suite at 1,609 square feet remaining in the Class A…

Details

COMMERCIAL PROPERTIES INC., IS PLEASED TO ANNOUNCE THE SALE OF ±12,613 SF OF RETAIL STOREFRONT AND THE SALE OF A ±14,903 SF OFFICE PLAZA IN PHOENIX

Commercial Properties, Inc., Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of 4522-4530 N 7th Street in Downtown Phoenix, Arizona. Brandon Koplin of CPI’s Tempe Office Group represented the Buyer, Canal and Seventh, LLC. The ±12,613 SF, fully leased building was built in 1965 and is located just south…

Details

CBRE Completes $2.1 Million Sale of Single-Tenant Retail Property in Old Town Scottsdale

CBRE has completed the sale of a single-tenant retail property located at 7316 E. Stetson Drive in Scottsdale, Ariz. The asset, which is currently home to Red Revolver Night Club, commanded a sale price of $2.1 million. Steve Julius and Jesse Goldsmith with CBRE’s Phoenix office represented the seller, GEM Realty Advisors, LLC of Phoenix.…

Details

CBRE Multifamily Investment Group Completes Sale of 38th Street Apartments in Phoenix

38 Street Apts

Trinity Apartments, LLLP from Vancouver, B.C. Canada has purchased the 38th Street Apartments, a 14-unit multi-family property located at 3234 North 38th Street in Phoenix, Arizona from 3234 N 38th Street, LLC of Mesa, Arizona. Brian Smuckler and Jeff Seaman of CBRE’s Phoenix office represented both buyer and the seller in negotiating the $860,000 transaction.

SAXA and Caliber Companies Spur Commercial Real Estate in North Scottsdale With New 40,000 SF Class-A Office Building

Scottsdale-based developer, SAXA, Inc. and Caliber Companies announced today a partnership to develop and build a new 40,000 square foot Class-A commercial office building in North Scottsdale, Arizona. The 2.5-acre site, located within Horseman’s Park on the northeast corner of the Loop 101 freeway and south of Bell Road on Bahia Drive, will be the…

Details

SmithGroupJJR promotes Craig Passey to Health Studio Leader at Phoenix Office

SmithGroupJJR, one of the nation’s largest architecture, engineering and planning firms, has promoted Craig Passey, AIA, to leader of the Health Studio at its Phoenix office. He succeeds Mark Patterson, who recently was elevated to become the firm’s international Health Practice leader. Passey has over 20 years of experience in architectural planning and design and…

Details

ABI Multifamily Brokers Sale of Last, Large Pre-Foreclosure Apartment Community in Phoenix Metro

ABI Multifamily, a dedicated multifamily brokerage and advisory services firm, is pleased to announce the sale of a 276 Unit, multifamily property – Glendale Commons Apartments – for $8,950,000 or $32,428 Per Unit. Glendale Commons Apartments was originally constructed 1983 and is individually metered for utilities. The all two-story community was built of wood frame…

Details

Ensemble Real Estate Solutions completes $1.55 million sale

Ensemble Real Estate Solutions recently negotiated the sale of 1848 E Thomas for $1.55 million or $127 per square foot. Pulse Investments, LLC purchased the 12,189 square-foot medical office building located at 1848 E Thomas Road in Phoenix. Tracy Altemus and Autumn Storm brokers with Ensemble’s Phoenix office represented the seller Thomas Medical Group, LLC.…

Details

Liberty Property Trust Receives Fourth Consecutive EPA ENERGY STAR Partner of the Year

The U.S. Environmental Protection Agency (EPA) has honored Liberty Property Trust with an ENERGY STAR® Partner of the Year designation for the fourth consecutive year – and bestowed the organization’s highest honor, the Sustained Excellence Award, for a second year. “Through their sustained participation with ENERGY STAR, Liberty Property Trust is helping Americans save money,…

Details