LGE Completes Remodel of Downtown Phoenix Warehouse District Building

LGE Design Build has completed the renovation of the former Jackson’s on 3rd restaurant into a 23,000-square-foot West Coast training center for the Scheduling Institute, a medical and dental practice training company based in Alpharetta, Ga. The new training center, located at 245 E. Jackson St. in the downtown warehouse district, will complement the company’s…

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$2 Billion Freeway Extension benefits $1.4 Million Land Opportunity with Multifamily Duo

No stranger in representing multifamily and land opportunities, Chip Kloppenburg and John Trujillo with Sperry Van Ness in Phoenix are ready to make their own “land” mark at 5252 S. 36th Street in Phoenix, AZ who are representing the seller. The 9.64 acres are located only 10 miles from the recently approved Loop 202 extension…

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ViaWest Group Acquires “Riverside Industrial” Asset in SW Phoenix for $3.07M

ViaWest Group is pleased to announce a new addition to its expanding portfolio, with the recent successful acquisition of the 72,129 SF multi-tenant industrial building located at 77 N. 45th Avenue, Phoenix, AZ in the heart of southwest Phoenix. Phoenix-based ViaWest Group paid $3.07M on the acquisition. This is the fourth acquisition in ViaWest’s new…

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Early Renewals Drive Iconic Las Olas Office Building to 100 Percent Leased

Stiles Realty, a division of Fort Lauderdale-based full-service commercial real estate developer Stiles, announced today 119,868 square feet in new leases and early renewals at Bank of America Plaza at Las Olas City Centre (LOCC) in downtown Fort Lauderdale, which has brought the trophy office property to 100 percent leased. According to Stiles Director of…

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Middlefork Commercial Sells Gilbert Retail Building for $1.26 Million

Middlefork Commercial has completed the sale of a 6,000-square foot multi-tenant retail building at 1614 N. Higley Road in Gilbert, Ariz. for $1,260,000, or $210.00 per square foot. The sale was facilitated by Sean Bishop of Middlefork Commercial. California investors Thomas R. & Jacqueline L. Morris purchased the 6,000 square foot retail building from Neil…

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IPA Communities Among Highest in the Nation for Online Reputation

Liv Avenida, Investment Property Associates’ (IPA) flagship luxury apartment community in Chandler, Arizona, is top in the state for online reputation. According to JTurner’s 2014 ORA© Power Rankings, Liv Avenida ranked 20th in the nation among more than 48,000 communities based on online reputation from aggregated sources including ratings, reviews and resident surveys. With an…

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Phoenix Metro Area Multifamily Complex Sells for $47 Million

Institutional Property Advisors (IPA), a division of Marcus & Millichap specializing in serving institutional and major private real estate investors, is pleased to announce the sale of Stone Canyon, a 392-unit community in Mesa, Ariz. The $47 million sales price represents $120,000 per unit. IPA senior director Steve Gebing and Marcus & Millichap vice president…

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Colliers International Completes $2.2 M Land Sale in Glendale’s Arrowhead Ranch for 100-Unit Senior Care Facility

Colliers International in Greater Phoenix recently completed a $2.23 million sale of a 3.95-acre ($13 per square foot) commercial land parcel, where the 100-unit Orchard Pointe at Arrowhead senior care facility is planned. Glendale Heritage LLC of Omaha, Neb., purchased the land, located just north of the northwest corner of Bell Road and 67th Avenue…

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Village Square at Dana Park Welcomes a Unique Boutique With an Even More Unique Name: Lizard Thicket

Located in three different states and major cities, Lizard Thicket Boutique has opened their 12th store in Mesa’s Village Square at Dana Park. Lizard Thicket has quickly become known for selling the latest styles, accessories and home décor at surprisingly affordable prices. They carry a limited quantity of specially selected pieces so that their merchandise…

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