1784 Capital Holdings Purchases Land and Begins Development of Tucson Orange Grove Self Storage

Scottsdale-based 1784 Capital Holdings LLC has acquired 2.81 acres at 121 W. Orange Grove in Tucson.  The company has begun construction of a two-level, freestanding self-storage facility on the property. “This property is located at the western edge of the Catalina Foothills mountains and is an ideal location for the growing community of self-storage users,”…

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CBRE Completes $4.45 Million Sale of Dollar Tree & Mor Furniture in Casa Grande, Ariz.

CBRE has completed the sale of a two-tenant retail center at Casa Grande Shopping Center located at 1314 East Florence Blvd. in Casa Grande, Ariz. The ±45,327 square-foot retail property is home to Dollar Tree and Mor Furniture For Less and is situated on approximately 4.63 acres of land. The retail center commanded a sale…

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Renovated Class A Campus Positioned to Fill Tempe Office Demand

The Phoenix office of JLL has earned the leasing assignment for Park Garden and Park Bridge at Fountainhead, a recently renovated, two-building Class A office campus positioned to meet high demand for the Airport and Tempe markets, but at a fraction of nearby rental rates. JLL Managing Director John Bonnell, Senior Vice President Brett Abramson, Vice President Chris Latvaaho and Associate Joe…

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The Shops at Gainey Ranch Announces McKenzie Architectural Kitchens

Kent Circle Partners (Scott Seldin, President) announces McKenzie Architectural Kitchens, LLC has signed a five-year lease in the Shops at Gainey Ranch. McKenzie Architectural Kitchens is expected to open in April. Don McKenzie, an architect by trade, is moving from a nearby Gainey Ranch office building to the 1241 SF storefront space. McKenzie Architectural Kitchens’…

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Outparcel of Westgate Entertainment Center Transacts for $1.5M

Located within one of the largest entertainment and retail districts in Arizona, Westgate 95, a 7,539 square foot retail center, sold for $1,500,000 ($199/SF). Built in 2008, Westgate 95 is located steps away from Westgate Entertainment District, which offers a unique outdoor setting with many vibrant restaurants that include: Johnny Rockets, Buffalo Wild Wings, Saddle…

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Rockefeller Group and IPA to Develop New Liv Projects in Goodyear

Rockefeller Group and Investment Property Associates, LLC (IPA) announced today the development of two new “Liv”-branded Class A apartment communities in the metro-Phoenix area.  The projects, located in the Deer Valley submarket of Phoenix and in Goodyear, will total 711 units and provide an amenity-rich lifestyle experience that is increasingly in demand as the region…

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JLL Promotes Seven Brokers Across Multiple Phoenix Business Lines

The Phoenix office of JLL has promoted seven brokers across multiple business lines, representing a strong and steady evolution of the local office team. These promotions include: Andrew Medley, Chris Corney and Trevor Pratt in the Tenant Representation division; Steve Larsen, Riley Gilbert and Kyle Westfall in the Industrial division; and Charles Steele in the Capital Markets…

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LevRose Commercial Real Estate Hires Industry Veteran Mike Baumgardner as Sales Director

– LevRose Commercial Real Estate, one of the Valley’s top commercial real estate brokerage and management companies, recently hired commercial real estate veteran Mike Baumgardner as its sales director. Baumgardner began his career in 2003 with Costar and became well known in the Arizona commercial real estate industry and later the western region. After being named…

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Vestis Group Brokers Scottsdale Neighborhood Shopping Center Sale

Vestis Group, a commercial brokerage and investment firm, is pleased to announce the sale of Via Linda Plaza, a 16,158 square-foot neighborhood shopping center, located at 10810 E Via Linda, in Scottsdale, Arizona for $2,500,000 or $155 per square-foot. “This transaction was a win-win for all parties involved,” says Matt Morrell, President of Retail Investments…

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