Andy Kroot Negotiates Starbucks Sale at SWC of Scottsdale & McKellips, Tempe, AZ

Andy Kroot with Velocity Retail Group, LLC announces the sale of the single tenant Starbucks store located at the SWC of Scottsdale and McKellips – 1926 North Scottsdale Rd, Tempe AZ. Andy Kroot, Principal of Velocity Retail Group represented the Seller in the transaction and Jon Stansbury of DTZ represented the Buyer. The ownership –…

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Sun State Builders Announces the Completion of the Harrison Properties 19th Avenue DES Building in Phoenix

Sun State Builders Announces the Completion of the Harrison Properties 19th Avenue DES (Department of Economic Security) Building in Phoenix. The Castle Sports Complex has been an iconic building on 19th Avenue just North of Peoria for over 40 years. In the past the building has served as an office complex, a bowling alley and…

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NATIONWIDE REALTY INVESTORS TO CELEBRATE FIRST PHASE OF DEVELOPMENT AT $750 MILLION RIVULON IN GILBERT

Columbus-based Nationwide Realty Investors will host an event today to celebrate the first phase of its $750 million Rivulon Development. Nationwide Realty Investors president Brian J. Ellis, Isagenix president Jim Coover, Gilbert Mayor John Lewis and other local and state leaders will be in attendance. “We are thrilled to be underway with the first phase…

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Walker & Dunlop Originates 25-year Refinance Loan for The Franklin Apartments

Walker & Dunlop, Inc. (NYSE: WD) announced today that it originated a $16,250,000 fixed-rate loan for the refinance of The Franklin Apartments, located in Milwaukee, Wisconsin. The loan has a 25-year term and includes a flexible prepayment optionality after year sixteen. Justin Nelson, Milwaukee-based vice president, led the Walker & Dunlop team that structured the…

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Johnson Carlier’s Elena Henry named 2014 Woman of the Year Phoenix Business Professional Women (BPW)

Elena Henry, Senior Project Engineer at Tempe, Ariz.-based general contracting firm Johnson Carlier, was recently honored at the Business and Professional Women of Arizona State Convention, naming her 2014 Woman of the Year. She was recognized for her contributions to the Phoenix local organization throughout the 2013-14 year. Each year, the woman of the year…

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COMMERCIAL PROPERTIES INC. IS PLEASED TO ANNOUNCE THAT INTERMOUNTAIN DRILLING SUPPLY CORPORATION RENEWS LEASE OF 31,513 SF

Commercial Properties, Inc., Arizona’s largest locally owned commercial real estate brokerage, announces the lease renewal of a 31,513 square foot industrial building at 620 South 80th Avenue in Tolleson, Ariz. The 31,513 square foot building is located just off Buckeye Rd and 80th Ave. Jeff Hays, Chad Neppl and Ryan Steel represented the tenant, Intermountain…

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9,816 Square Foot School Sold in Phoenix by GPE Commercial Advisors

GPE Commercial Advisors, one of the oldest privately owned commercial real estate firms in Arizona, secured the sale of a 9,816 SF one-story school located at 812 South 6th Avenue in Phoenix. The building sold for $615,000. Executive Vice President, Nicholas A. Pelusio, and Senior Vice President, Kevin Helland represented the seller, Marie Maros Siblings,…

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LEDONNA SPONGBERG JOINS CBRE’S PHOENIX OFFICE AS FIRST VICE PRESIDENT OF RETAIL LEASING

CBRE has announced that LeDonna Spongberg, a retail leasing professional, has joined the company’s Phoenix office as a first vice president. Ms. Spongberg comes to CBRE to join regional retail leaders from the United Commercial Realty (UCR) Urban Leasing team. Dallas-based UCR was acquired by CBRE earlier this year. Locally Ms. Spongberg will partner with…

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