LGE Design Build Starts Phase 2 Construction of Heritage Marketplace with Momentum

LGE Design Build is starting the construction of the second phase of Heritage Marketplace with rapid leasing momentum. Phase 2, slated to begin construction in late June with a December completion, is already experiencing strong pre-leasing activity. Phase 1 is complete and 100 percent leased for retail and restaurant spaces. An integral part of Gilbert’s…

Details

HELIX CAPITAL CLOSES $5.835 MILLION LOAN

Helix, an Arizona-based commercial real estate investment, development, brokerage and management company, recently closed a $5.83 million private loan deal. Helix provided private financing for a 52,134 square feet shopping center located at Bell and Reems Roads in Surprise, Ariz. The shopping center is 100 percent leased and Mountainside Fitness is the anchor tenant, occupying…

Details

CBRE’s Catharine Teeter Promoted to Regional Sales Director for the Southwest Region

CBRE has announced that Catharine Teeter has been promoted to the position of Regional Sales Director for the Southwest Region. In this role, she will work closely with the Managing Directors in CBRE’s Phoenix, Tucson, Salt Lake City, Las Vegas and Albuquerque offices on reporting business and market share activity, new business pursuits, pipelines and…

Details

Sun State Builders Announces the Completion of the Eastgroup Properties Building in Phoenix

Sun State Builders is proud to announce the completion of another speculative development project for a leading national developer. Sun State Builders, Eastgroup Properties, and Butler Design Group teamed up to construct the industrial spec building located in Sky Harbor Business Park at 1725 E. University Drive. The team utilized the City of Phoenix Self-Certification…

Details

ViaWest Group Sells Crossroads of Tempe for $17.25M

ViaWest Group has successfully sold 96,691 SF of office space within the commercial complex, Crossroads of Tempe. Phoenix-based ViaWest Group acquired the nearly vacant office-retail property in 2011 for $4.055 and sold the retail portion shortly after for $1.3M. Four years later, after investing in the two remaining vacant, shell condition office buildings, ViaWest Group…

Details

Haven Behavioral Health Expands to 30,000 Sq. Ft. at Phoenix Memorial Center

CBRE has negotiated an additional 8,000 square feet of leased space at Phoenix Memorial Center. Haven Behavioral Health has expanded to 30,000 square feet, up from 22,000 square feet. Phoenix Memorial Center is now 93.4 percent leased. Kate Morris and Vince Femiano with CBRE’s Phoenix office represented the landlord, Memorial Key, LLC of Gilbert, Ariz.…

Details

Wentworth Property Company Announces Plans for West 80

DTZ, a global leader in commercial real estate services, announced today they have begun to market West 80, a ±379,635 square foot, for-lease, speculative development by Wentworth Property Company (“WPC”). Located on the southeast corner of 80th Avenue and Buckeye Road in Phoenix, WPC plans to break ground on the industrial distribution center before year-end…

Details

Sun State Builders Announces the Completion of the Eastgroup Properties Building in Phoenix

Sun State Builders is proud to announce the completion of another speculative development project for a leading national developer. Sun State Builders, Eastgroup Properties, and Butler Design Group teamed up to construct the industrial spec building located in Sky Harbor Business Park at 1725 E. University Drive. The team utilized the City of Phoenix Self-Certification…

Details