ARIZONA CHAPTER OF CORENET GLOBAL TO PRESENT DECEMBER PROGRAM: NEXT CHAPTER IN ARIZONA HEALTH CARE AND HOSPITALS

Big hospital mergers. New models for inpatient and outpatient care. The fallout of Prop 480. These and other topics will be discussed by featured speaker Betsey Bayless, President Emeritus of the Maricopa Integrated Health System (MIHS), at the December lunch sponsored by the Arizona chapter of CoreNet Global. Bayless’ presentation, “The Next Chapter in Arizona…

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Stockbridge Capital Group LLC Purchases Phoenix Industrial Portfolio

Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that San Francisco-based Stockbridge Capital Group, LLC, a fully independent real estate investment management firm, has closed on five of six properties that are part of a multi-tenant industrial portfolio in metro Phoenix for $53.16 million. Stockbridge is under contract with…

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CBRE Honored at Annual TOBY Awards

CBRE was recently honored at the Phoenix chapter of the Building Owners and Managers Association’s (BOMA) Annual TOBY Awards. The award, which stands for The Outstanding Building of the Year, recognizes building operations and management. Three Phoenix-area buildings managed by CBRE Asset Services were honored with TOBY Awards: Medical Building McDowell Mountain Medical is a…

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COMMERCIAL PROPERTIES INC., IS PLEASED TO ANNOUNCE THE SALE OF A ±12,000 SF INDUSTRIAL WAREHOUSE BUILDING IN CHANDLER

Commercial Properties, Inc., Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of 2915 West Fairview Street, Chandler, Arizona. Leroy Breinholt represented the buyer and Jeff Hays, Chad Neppl and Ryan Steele of CPI’s Tempe Industrial Group represented the seller in this transaction. The ±12,000 SF, freestanding warehouse building is…

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Cresa Phoenix completes 29,242 SF lease for IDI Distributors, Inc.

Cresa Phoenix announced that it completed a 29,242 square foot lease for IDI Distributors, Inc. at 236 East Pima Street, in Phoenix. Cresa Phoenix Vice President Ted Liles and Advisor Grant Kingdon negotiated on behalf of the tenant, IDI Distributors, Inc., a “One-Stop-Shop” for insulation products and technical expertise. The landlord, Thackeray Partners, was represented…

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ROSS BROWN PARTNERS/ JLL INK LARGE TEMPE OFFICE SUB-LEASE WITH CONCENTRIX CORP.

Ross Brown Partners, Inc. represented the Sub-Tenant, Concentrix Corporation, and Jones Lang LaSalle represented the Sub-Lessor, University of Phoenix, in a 101,000 SF office lease at 1601 W. Fountainhead Parkway in Tempe. Originally a spec office building design that was revised to accommodate the educational use of University of Phoenix, the 3 ½ floors of…

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Regent Properties Purchases 90 Mountain View for $34.6 Million

Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that Los Angeles based Regent Properties, a multi-faceted real estate investment company, has acquired 90 Mountain View, a 183,644 square foot office project located at 9977-9999 N. 90th Street in Scottsdale, AZ, for $34.6 million ($188.41 per square foot). The seller…

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CBRE Completes $2.75 Million Sale of the Kohl’s Shops at Glassford Hill Marketplace in Prescott Valley, Ariz.

CBRE has completed the sale of a net leased shopping center located at 3264 N. Glassford Hill Road in Prescott Valley, Ariz. Shadow-anchored by a Kohl’s department store, the 8,639-square-foot retail property commanded a sale price of $2.75 million. The property is known as The Shops at Glassford Hill Marketplace. Joseph Compagno with CBRE’s Phoenix…

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MARCUS & MILLICHAP ARRANGES THE SALE OF A 3,033-SQUARE FOOT NET-LEASED PROPERTY

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 Raising Cane’s, a 3,033-square foot net-leased property located in Glendale, AZ, according to Don Morrow, regional manager of the firm’s Phoenix office. The asset sold for $3,550,000. Mark Ruble…

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JLL Land Sale Brings Tractor Supply Co. Distribution Center to Casa Grande

The Phoenix office of JLL has completed a 100-acre land sale that will bring a new Tractor Supply Company (NASDAQ: TSCO) distribution center to the Central Arizona Commerce Park in Casa Grande, Ariz. Tractor Supply, the largest rural lifestyle retail store chain in the United States, will build an approximately 650,000-square-foot distribution center, with the…

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