One Plantation Apartments and Retail Center Awarded NAIOP Project of the Year

Stiles announced today that One Plantation Apartments as well as the Shops at One Planation were recently awarded Project of the Year during NAIOP South Florida’s Awards of Excellence. Both projects were developed by Stiles, a full-service real estate provider based in Fort Lauderdale. One Plantation is the first ever mixed-use multi-family and retail project…

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Investors Warranty of America, Inc. Sells Security Title Plaza in Phoenix for $18 Million

DTZ, a global leader in commercial real estate services, announced today that Investors Warranty of America, Inc., a subsidiary of AEGON USA, has sold Security Title Plaza, 3636 N. Central Avenue in Phoenix. Heckethorn Towers, LLC, a unit of Reven Capital of La Jolla, CA, purchased the 219,032 square foot, 12-story office tower for $18…

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Colliers International Hires Senior Associate in National Investments Sector

Colliers International in Greater Phoenix recently hired Norah Brennan as a senior associate in the area of national institutional investment sales and single tenant net leased assets. Brennan has worked in commercial real estate for four years, three of those years with Colliers International’s Sacramento office. Her transactions totalled more than $65 million last year.…

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LGE Design Build Appoints Swen Anderson VP of Business Development

LGE Design Build has hired Swen Anderson to serve as vice president of business development to grow the company’s relationships with current and potential clients, economic development officials and industry leaders. Anderson also will cultivate projects in existing sectors such as healthcare, industrial/warehouse, office, medical, education restaurant and retail while helping LGE expand in the…

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Cushman & Wakefield Advises TIBCO Software in Biggest Sale in Palo Alto History

Cushman & Wakefield announced today that it closed on the sale-leaseback of a 292,000-square foot office / R&D campus located at 3301-3307 Hillview Avenue in Palo Alto’s Stanford Research Park. Morgan Stanley’s Prime Property Fund purchased the property in what was the largest sale transaction in Palo Alto history. Universally recognized as the birthplace of…

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Walker & Dunlop Originates $25M Freddie Mac Loan With 75-Day Early Rate Lock

Walker & Dunlop, Inc. (NYSE: WD) announced today that it originated a $25,385,000 loan for the refinance of Silverhawk Apartments & Centre, located in La Quinta, California. The borrower originally purchased the property out of foreclosure in 2009 and has successfully improved operations, benefiting from the property’s strong location and the continued market recovery of…

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CBRE Negotiates Sale of Kyrene Corporate Center in Tempe, Ariz.

RMK Holdings, LLC has purchased Kyrene Corporate Center, a 30,000-square-foot office building located at 9280 South Kyrene Road in Tempe, Ariz. The sale price was $3.33 million. Kevin Calihan with CBRE’s Phoenix office represented Phoenix-based RMK Holdings. DTZ’s Eric Wichterman and Mike Coover represented the seller, Phoenix-based Kyrene 919280, LLC. “The metro office market continues…

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Spotlight on Arizona’s Thriving Data Center Market

The Arizona Technology Council will partner with the Arizona Data Center Coalition to present a panel discussion highlighting the state’s thriving data center market. The panel will feature thought leaders from around the data center industry, including IO Data Center’s Greg Davit, ViaWest’s Jeff Johnson, Cyrus One’s Fred Holloway, Digital Realty’s Mark Luz and CBRE’s…

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Capital Asset Management announces three-property portfolio sale

Capital Asset Management, Phoenix, announced today the successful sale of a 3-property portfolio comprised of The Horizon Ridge Shopping Center 1651 N Horizon Ridge Henderson, Nev., the Gibson Road Shopping Center 193 Gibson Rd Henderson, Nev., and the Lower Buckeye Plaza Shopping Center at 8240 W Lower Buckeye Rd Buckeye, Ariz., totaling 35,035sqft on 3.90…

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