Colliers International Completes $1.57 Million Land Transaction Designated for Multifamily Use in Chandler

Colliers International in Greater Phoenix recently completed the $1.575 million sale of 4.91 acres ($7.37 per square foot) of land zoned for multifamily in the heart of Chandler. MPC Development LLC of Phoenix purchased the land, located on Alma School Road between Chandler Boulevard and West Fry Road, from Grossman/Robson Associates of Phoenix. The seller…

Details

Redevelopment Draws National Tenants to Coralwood Center; HomeGoods and Ulta Join as Anchors

Stiles Realty, a division of Fort Lauderdale-based full-service real estate firm Stiles, announced 57,829 square feet of leasing activity at Coralwood Center, one of the largest power centers in Cape Coral, Florida. National retailers HomeGoods and Ulta signed new leases totaling 33,819 square feet in Q4 2014. At the same time, anchor tenant Bealls Outlet…

Details

Colliers International Completes $3.2 Million Sale of Siete II Building in Phoenix

Colliers International in Greater Phoenix recently completed the sale of the Class B, 54,072-square-foot Siete II building in Phoenix for $3.2 million. Orsett Acquisitions LLC of Phoenix purchased the building, located at 3707 North 7th Street, from UFB Development Corporation of Indianapolis. Both parties were represented by the Colliers Office Solutions Group: Phil Breidenbach, executive…

Details

Colliers International Hires Project Management Expert With 22 Years of Experience

Colliers International in Greater Phoenix has hired Bruce Herr to serve as its new Director of Project Management to streamline the design and construction of clients’ real estate projects. From start to finish, Herr will oversee the scheduling and budgeting of projects and coordinate efforts of team members including architects, general contractors and vendors. Herr…

Details

Cushman & Wakefield Named Exclusive Leasing & Property Management Company for The Towers Emeryville

KBS Real Estate Investment Trust III (KBS REIT III), a real estate investment trust based in Newport Beach, Calif. has awarded Cushman & Wakefield the exclusive leasing and property management contracts for The Towers in Emeryville, Calif, located on Emeryville’s prestigious waterfront. Spearheading all leasing efforts for the 815,000-square-foot project are a seasoned C&W brokerage…

Details

Shelton joins Caliente Construction as Business Development Manager

Caliente Construction Inc., Tempe, Ariz., announced today that Amy Shelton has joined the company as business development manager. Shelton brings over 10 years of professional experience interacting with clients in sales and marketing. In her new role, she will be responsible for client relations, and lead the client development and retention efforts for the 80-employee…

Details

Thomas Title closes $153 million portfolio; Reports strong Texas growth

Thomas Title & Escrow is pleased to announce that it recently closed a refinancing for a multi-family portfolio totaling $153 million. The complex financing, provided by one of the government-sponsored entities, was secured by 8 complexes spread across 3 southwestern states. The escrow was jointly handled by our Dallas and Scottsdale offices. As recently profiled…

Details

ABI Multifamily Facilitates Sale of Luxury Townhome Rental Community in Tempe, Ariz. for $189,189 per Unit.

ABI Multifamily, a dedicated multifamily brokerage and advisory services firm, is pleased to announce the $7,000,000 sale of Dolce Villagio Townhomes, located in Tempe, AZ. The complete townhome community consists of 37 individually parceled units that were built in 2007 and are currently operating as luxury apartment rentals. The $7,000,000 purchase price reflects a price…

Details