Technology Consulting Company Solugenix and Safari Books Online Moving to SkySong

Two new key tech additions are coming to the newest building in SkySong, The ASU Scottsdale Innovation Center. A trailblazing information technology solutions firm and an online technology and business library provider are going to call SkySong 3 their new home. Solugenix Corporation is the longest-serving IT consulting firm in the nation, doing pioneering work…

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LAW FIRMS SEE NEW #1 ISSUE AFFECTING BUSINESS COMPETITION

Cushman & Wakefield’s Legal Sector Advisory Group (LSAG) today released the results of its second National Legal Sector Benchmark Survey. Among its key findings, and in stark contrast to last year’s results, is a 17% increase in respondents who believe that traditional partnership structures will be completely reorganized. In addition, competitive fee structures overtook recruitment…

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CBRE Negotiates Sale of Target and US Bank in Tempe, Ariz. for $11.9 Million

CBRE has completed the sale of two single-tenant net leased investment properties in Tempe, Ariz. The transaction included a free-standing, single-tenant Target and US Bank at the northeast corner of McClintock Drive and Baseline Road. The properties are located on a 10.02-acre corner parcel and commanded a sale price of $11.9 million representing a 5.35…

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Daum Negotiates $1.721 Million Sale of Industrial Building in Tempe, Ariz.

Daum Commercial Real Estate Services has negotiated the $1.721 million sale of a 27,872-square-foot industrial building located at 819 W. Fairmont Avenue in Phoenix. Rich Sica and Jay Krew with Daum Phoenix represented the seller. Justin LeMaster of Cushman & Wakefield represented the buyer in the transaction. The buyer, SPCLO IV, LLC of Phoenix bought…

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Shareholder Albert Acken Named Ryley Carlock & Applewhite’s Water and Environmental Practice Group Leader

Ryley Carlock & Applewhite is pleased to announce that Albert “Bert” H. Acken has been named Practice Group Leader of the firm’s Water, Energy, Resources and Environmental Law Practice Group. Acken will oversee 12 attorneys in our Phoenix and Denver offices, which provide a full range of knowledge in water law, environmental regulation, environmental litigation,…

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Colliers International Completes $2.15 Million Sale of Two Office Buildings in Surprise, Ariz.

Colliers International in Greater Phoenix recently completed the sale of two office buildings in Surprise, for $2.15 million, or $182.17 a square foot, which are presently leased to One Step Beyond Inc., a nonprofit of Peoria, Ariz. Richards Family Trust of San Diego purchased the buildings, located at 15527 and 15331 North Reems Road, from…

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LGE Design Build Constructs 50,000 SF Glendale Operations Center for NPL Construction Co.

LGE Design Build has constructed a 50,000-square-foot regional operations center for NPL Construction Co., an energy distribution contractor. The project consists of a two-story operations facility, located at 7326 N. Glen Harbor Blvd. in Glendale, including office space, a training facility, and a warehouse storage area plus several acres of land for NPL’s large fleet…

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LGE Design Build Constructs 27,000 SF National Distribution Center for Firearm Holster Manufacturer in Phoenix

LGE Design Build has completed construction of a national distribution center for Galco International, a firearm holster manufacturer based in Phoenix, that will help the company meet demand for its projected growth through 2020. The new distribution center, located at 2025 W. Quail Ave. in Phoenix, is on the same campus as the company’s existing…

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CBRE HIRES VICE PRESIDENTS GREG ABBOTT, BILL BONES & CHRIS RYAN

CBRE has hired Vice Presidents Greg Abbott, Bill Bones and Chris Ryan, three tenured, well-respected commercial real estate professionals, to join the firm’s Retail Services Group in Phoenix, Ariz. They will partner on a team that will deliver integrated, strategic landlord advisory services including the leasing, acquisition and disposition of retail space in the Phoenix…

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LENDING PLATFORM ASSETAVENUE FUNDS OVER $24 MILLION IN JUST SIX MONTHS

AssetAvenue, an online lending platform for commercial real estate, announced today that it funded approximately $24.2 million in loans in the second half of 2014. AssetAvenue focuses on bridge and transitional loans for commercial real estate projects across the country. Individual and institutional investors who are members of the online platform can select professionally vetted…

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VESTIS GROUP COMPLETES PASADENA APARTMENTS SALE IN MIDTOWN PHOENIX

Vestis Group is pleased to announce that Brokers Natan Jacobs, Les Litwin and Victoria Miachika have completed the sale of Pasadena Apartments, a 9-unit multifamily community located at 302 West Pasadena Avenue, in central Phoenix, Arizona for $650,000 or $72,222 per unit. Pasadena Apartments is a garden-style, one-story, multifamily community located in the trendy Medlock…

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COMMERCIAL PROPERTIES INC., IS PLEASED TO ANNOUNCE THE SALE OF A ±8,252 SF RETAIL BUILDING IN CHANDLER, ARIZ.

Commercial Properties, Inc., Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of 3110 N Arizona Avenue in Chandler, Arizona. Tom Semancik of CPI’s Tempe Retail Investment Group represented the seller, Holmes/cc LLC. Occupied by Pacific Seafood Buffet, the ±8,252 SF restaurant is located just north of Elliot Road with…

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VESTIS GROUP BROKERS SALE OF LOMA LINDA GARDEN APARTMENTS IN PHOENIX

Vestis Group is pleased to announce that Brokers Natan Jacobs, Les Litwin and Chad Barber have completed the sale of Loma Linda Garden Apartments, a 26-unit multifamily community located at 2104-2122 East Fairmount Avenue, in the trendy Loma Linda Neighborhood in the Biltmore-area of Phoenix, Arizona for $1,500,000 / $57,692 per unit. “The buyer is…

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