Daum Negotiates $1.337 Million Sale of Industrial Land in Southeast Phoenix to Reliable Forklift Sales

Daum Commercial Real Estate Services has negotiated the $1.337 million sale of a three-acre improved industrial land parcel located at the northeast corner of 21st Street and University Drive in Phoenix. Steve Bodeman with Daum Phoenix represented the buyers, Don and Mary Carlson, owners of Reliable Forklift Sales of Phoenix. The seller, Swaine Asphalt of…

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Walker & Dunlop Structures 15-year, $38M Loan in Longwood, Fla.

Walker & Dunlop, Inc. (NYSE: WD) announced today that it structured a $38,125,000 acquisition loan for the Camden Club Apartments, a garden-style apartment complex located in Longwood, Fla. Ft. Lauderdale based, Senior Vice President, Paul Ahmed, led the Walker & Dunlop team that arranged the Freddie Mac 15-year fixed rate loan, at a 73% loan-to-value.…

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CBRE Completes $39.75 Million Sale of Twenty-four Property Convenience Store Portfolio in Southern Arizona

CBRE has completed the sale of a twenty-four property gas station and convenience store portfolio for properties in Tucson and throughout Southern Arizona. The portfolio commanded a sale price of $39.75 million. Pete Villaescusa and Jesse Peron in CBRE’s Tucson office represented the seller, Reay’s Ranch Investors, LLC of Tucson. The buyer was a national…

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COMMERCIAL PROPERTIES INC., IS PLEASED TO ANNOUNCE THE SALE OF A ±16,333 SF OFFICE BUILDING IN MESA, ARIZ.

Commercial Properties, Inc., Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of 1234 S Power Road in Mesa, Arizona. Tyson Breinholt & Shane McCormick of CPI’s Tempe Office Investment Group represented the seller, Mesa Springs LLC, and the buyer, Vista Capital Fund LLC. The ±16,333 SF, Class B office…

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Hernandez Construction Welcomes Stephen Cassetta as New Chief Financial Officer

Hernandez Construction, an affiliate of full-service commercial real estate firm, Stiles, today announced the appointment of Steve Cassetta as Chief Financial Officer. Cassetta will be responsible for the group’s financial operations while helping to drive its long-term strategic growth plan. Hernandez Construction specializes in the construction of build-to-suit projects serving the commercial and industrial sector.…

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MARCUS & MILLICHAP ARRANGES THE SALE OF 280-UNIT APARTMENT BUILDING

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 Bella Place, a 280-unit apartment property located in Phoenix, according to Don Morrow, regional manager of the firm’s Phoenix office. The asset sold for $7,725,000 which equates to $27,589…

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ARA’s Phoenix Team Announces the $1.2 Million Sale of Aster Gardens Apartments in Phoenix

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3rd Ave Investments, LLC from Phoenix, Arizona has purchased Aster Gardens Apartments, a 28-unit multifamily property located at 1950 W. Aster Drive in Phoenix, Arizona from Paradise Village II in Phoenix.

Vice President Ryan Ash and Senior Associate Mike Woodrick of ARA’s Phoenix office represented both buyer and the seller in negotiating the $1,202,000 transaction.

ARA’s Phoenix Team Announces the $1.2 Million Sale of Aster Gardens Apartments in Phoenix

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3rd Ave Investments, LLC from Phoenix, Arizona has purchased Aster Gardens Apartments, a 28-unit multifamily property located at 1950 W. Aster Drive in Phoenix, Arizona from Paradise Village II in Phoenix.

Vice President Ryan Ash and Senior Associate Mike Woodrick of ARA’s Phoenix office represented both buyer and the seller in negotiating the $1,202,000 transaction.

TIME WARNER CABLE BUSINESS CLASS EXPANDS FIBER NETWORK TO BRING 10 GBPS INTERNET SPEEDS TO ONE WORLD TRADE CENTER IN LOWER MANHATTAN

Time Warner Cable (NYSE: TWC) today announced that it has completed an investment to expand its advanced communications network to One World Trade Center, the iconic 104-story office building that stands a symbolic 1,776 feet in New York City’s Lower Manhattan. Time Warner Cable, through its Business Services unit, has pulled more than 1.5 miles…

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Colliers International Completes Sale of 256-Unit Silverado Apartments in Albuquerque

Colliers International in Greater Phoenix, in conjunction with Colliers’ office in Albuquerque, recently completed the sale of Silverado, a 256-unit Class A multifamily complex in Albuquerque, New Mexico, which is the latest transaction stemming from a re-branding of the Colliers HSK Multifamily Southwest Team. Clear Sky Capital Inc. of Phoenix purchased the property, at 5741…

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CBRE Completes $11.15 Million Sale Washington Business Park in Phoenix

CBRE has completed the sale of Washington Business Park located at 5324-5330 E. Washington Street in Phoenix, Ariz. The ±139,196-square-foot, four-building business park commanded a sale price of $11.15 million. Barry Gabel and Chris Marchildon with CBRE’s Phoenix office represented the seller, BREOF AIP Phoenix, LLC of Toronto, Ontario, Canada. The buyer was Scottsdale-based CAM-10,…

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