Valley Partnership’s 2014 Community Project Earns Prestigious Honor

Valley Partnership’s 2014 Community Project won a prestigious Crescordia Award Saturday evening at the 35th annual Arizona Forward Environmental Excellence Awards. Arizona Foundation for the Handicapped (AFH), last year’s community project recipient, was honored in the Site Development Private Sector category at the Arizona Forward event at Chateau Luxe in Phoenix. “We are so thrilled…

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EastGroup Properties Welcomes Fast Fulfillment to East University II

Cushman & Wakefield, a global leader in commercial real estate services, announced today that EastGroup Properties has leased 17,400 square feet to Fast Fulfillment LLC’s at East University II, 1002 E. University Dr. Jackie Orcutt, John Grady and Jim Wilson of Cushman & Wakefield represented Jackson, MS-based EastGroup Properties in the transaction. Cooper Fratt of…

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Promotions at Douglas Wilson Companies Guide Firm’s Expansion into Senior & For-Sale Housing

Signaling the Douglas Wilson Companies’ eye on the future, the longtime San Diego real estate firm has promoted Nicholas P. Wilson to chief operating officer and Michele Vives to senior managing director. “Staying true to our credo of being nimble enough to respond quickly to evolving markets, I felt it was important to promote and…

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VOIT REAL ESTATE SERVICES DIRECTS THE SALE OF A 100,000-SF BUILD-TO-SUIT ON 10.65-ACRE PROPERTY IN TOLLESON

Michael Ciosek, and Eric Bell, both Senior Vice Presidents of Voit Real Estate Services’ Phoenix office successfully directed the successful build to suit of a 100,000-square-foot Distribution Center in Tolleson, on behalf of Cor Living Distribution, Ltd. The buyer, Cor Brands/94th Avenue Investments, will use this property as a distribution facility for their National operation,…

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Walker & Dunlop Closes $137M Financing for Orange County, Calif. Portfolio

Walker & Dunlop, Inc. (NYSE: WD) announced today it closed four Freddie Mac CME loans totaling $137,896,000 secured by a portfolio of multifamily properties in Orange County, California. The repeat Freddie Mac borrower has significant ownership experience in Orange County, having purchased its first property in the 1970s. Bill Battaglia and Steve Natale led the…

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Land in the heart of Arcadia District sells for over $1 million

The property consisted of three lots all with vacant homes on the property.  The buyer, E Investment Properties, Inc. recently purchased the assemblage for $1,050,000 at 2945-3007 37th St. in Phoenix. This core submarket is going through significant revitalization which includes redevelopments of apartment and condo complexes, so the developer has plans of building a multifamily project.…

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LGE Design Build Breaks Ground on 60,000-SF Utility Trailer AZ Headquarters

LGE Design Build recently broke ground on Utility Trailer’s 60,000-square-foot Arizona headquarters at the Rados Tolleson Center. Utility Trailer and its 50 employees have outgrown their current facility in Phoenix, near 22nd Avenue and McDowell Road, where the family-owned business has been located since 1953. The company’s new Arizona headquarters, located on 14 acres at…

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P.B. Bell Acquires Siena Apartments in Phoenix

P.B. Bell, a leader in multifamily housing development, management and acquisitions, has acquired the Siena apartment community in Phoenix in a joint venture purchase with New York City-based Stonecutter Capital Management LLC. P.B. Bell and Stonecutter Capital Management purchased the 352-unit community from Siena Baseline Partners LLC for just over $31 million.  Cindy and Brad Cooke…

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