Equus Capital Partners Enters into Joint Venture with iStar on Raintree Corporate Center

CBRE announced it has arranged the joint venture between Equus Capital Partners, Ltd. (“Equus”) and iStar for the ownership of Raintree Corporate Center, a premier Class-A office complex located at 8800 and 8888 E. Raintree Drive in Scottsdale, Ariz.   Bryan Taute with CBRE’s Phoenix office and Kevin Shannon and Brad Burton with CBRE’s El…

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VESTAR PROMOTES JIM BRENNAN TO VICE PRESIDENT OF OPERATIONS

Vestar, one of the largest privately held retail real estate companies in the western United States, has promoted Jim Brennan to the position of Vice President of Operations.  Previously he served as Regional Director of Property Management.   Based in firm’s Phoenix headquarters, Brennan will be responsible for providing operational support to the property management…

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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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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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