LGE Design Build Completes Construction on 97,000 SF Chandler Airpark Development

LGE Design Build has completed construction on Chandler Airpark, a nearly 97,000 square-foot, six building commercial development, bringing countless new jobs to the East Valley. Construction on the large-scale project located on Douglas Drive (just west of Stearman Drive) in Chandler wrapped in May with developer Silagi Development of Thousand Oaks, California. Three of the…

Details

P.B. Bell Names New Acquisition, Marketing and Business Development Directors

P.B. Bell, a leader in multifamily housing development, management and acquisitions, has named three new directors to its corporate team based in Scottsdale, Arizona. Kristina Rauscher and Charlie Koznick join P.B. Bell, respectively, as marketing director and acquisitions director. Arian Ploszaj, who previously served as P.B. Bell’s marketing director, has transitioned to a new role…

Details

The Cays at Downtown Ocotillo

The Cays at Downtown Ocotillo offers a collection of move-in ready, luxury condominiums in Chandler’s vibrant Price Corridor. Developed by The Statesman Group, The Cays is comprised of one- and two- bedroom condominium homes and penthouses with lofts priced from the mid $200Ks. At the heart of The Cays is an expansive 9,500 square-foot clubhouse…

Details

CBRE Negotiates Three Seasonal Tenants Totaling 53,764 Square Feet in Tucson, Ariz.

CBRE has leased three retail spaces totaling 53,764 square feet to seasonal tenant Spirit Halloween Superstores. Spirit Halloween Superstore, LLC will occupy 21,535 square feet just east of Park Place Mall at the southwest corner of Broadway Boulevard and Wilmot Road. The landlord, K-GAM Broadway Wilmot, LLC, was represented by CBRE’s Nancy McClure.   Another…

Details

Suburban Phoenix Apartment Complex Purchased for $13.7 Million

Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announces the sale of Mesa Ridge, a 151-unit apartment complex in Mesa, Arizona. The $13,725,000 sales price equates to $90,894 per unit.             “Completely remodeled in 2009, Mesa Ridge benefits from its equidistant location…

Details

MARCUS & MILLICHAP ARRANGES THE SALE OF A 2,000-SQUARE FOOT NET-LEASED PROPERTY

Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Starbucks – Relocation Store, a 2,000-square foot net-leased property located in Gilbert, AZ, according to Ryan Sarbinoff, regional manager of the firm’s Phoenix office. The asset sold for $2,750,000.…

Details

Evergreen Development Completes Sale of Retail Property in Lake Pleasant Shopping Mecca

Phoenix-based Evergreen Development Company announced that it has completed the sale of its Lake Pleasant Crossing multi-tenant retail center, named The Shops at Lake Pleasant, located at 25355 N. Lake Pleasant Parkway, on the northeast corner of Happy Valley Road and North Lake Pleasant Parkway in Peoria.   “Peoria is one of the Valley’s fastest…

Details

Fidelity National Title hires Mary Schroeder as Sales Executive

Fidelity National Title Agency, a national leader in title insurance and real estate services, has hired Mary Schroeder as a Sales Executive. Schroeder will be responsible for building new relationships within the real estate community with a particular focus on Central Phoenix and the Southeast Valley. Schroeder brings her extensive experience in big-business sales into individualized…

Details

Downtown Tempe’s “The Local” Begins Construction Whole Foods Market 365 to anchor 9-story multifamily development

The Local, a new, mixed-use development located at the intersection of University Drive and Ash Avenue in downtown Tempe, has officially broken ground. Developed by Denver-based Forum Real Estate Group, The Local will be a unique, luxury apartment residence anchored by Whole Foods Market 365. The nine-story structure sits on an 80,938-square foot parcel in…

Details