VESTIS GROUP BROKERS SALE OF MODE DOWNTOWN APARTMENTS IN DOWNTOWN PHOENIX

Vestis Group is pleased to announce that Principals Natan Jacobs and Les Litwin have completed the sale of McDowell Apartments, an 8-unit multifamily community located in the sought after F.Q. Story Historic District in Downtown Phoenix, just north of Midtown Phoenix, Arizona for $719,000 / $89,875 Per Unit. Pinnacle AZ Development LLLP of Phoenix, Arizona…

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HELIX PLANS NEW RETAIL DEVELOPMENT ON NEWLY AQUIRED COMMERCIAL PROPERTY

Commercial Real Estate Company & Hubbell Land, LLC Commit to Development Agreement for Pebble Creek Plaza Retail Pads in Goodyear. Helix, an Arizona-based commercial real estate brokerage, management, investment services and development company, recently announced a development agreement with Hubbell Land, LLC, to develop the newly acquired and repositioned commercial property, Pebble Creek Plaza Retail…

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New Home Construction Commences at Brookfield Communities’ Neighborhood, ‘The Ridge’

Bullhead City master-plan begins its most unique community ever. With substantial infrastructure in place, model home construction has begun at Brookfield Communities newest and most unique development, “The Ridge at Fox Creek,” – a beautiful new addition to its existing master-planned community along the Colorado River and across from the historic gaming hub of Laughlin,…

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Coldwell Banker Residential Brokerage in Arizona Names Greg Hollman as President

Coldwell Banker Residential Brokerage in Arizona today announced the company has appointed Greg Hollman as its new president. Hollman, who has held numerous leadership roles Coldwell Banker Residential Brokerage in both Arizona and Southern California, replaces Malcolm MacEwen, who will be stepping down as president and moving into a sales capacity with the company in…

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MODE Commercial Real Estate Management Services Announces Merger

MODE Commercial Real Estate Management Services is pleased to announce its recent merger with Middlefork Commercial. MODE Commercial is currently a leading force in Commercial Real Estate Property Management in the Greater Phoenix area being ranked one of America’s fastest growing private companies by Inc. 5000 in 2013. Middlefork Commercial’s expertise runs parallel with MODE…

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Lincoln Property Company, Harvard Investments Fill First Building at Waypoint Office Project

Lincoln Property Company (LPC) and Harvard Investments have reached 100 percent occupancy in the first building at the Waypoint office campus, thanks to a major tenant commitment by American Traffic Solutions (ATS). The lease is the first at the new two-building, Class A office development underway in Mesa, Arizona. Under the new lease, ATS will…

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RENOVATION COMPLETE AT BILTMORE COMMERCE CENTER; NEW ATRIUM CREATES MODERN, COLLABORATIVE ENVIRONMENT

DPC Development is pleased to announce the completion of the interior and exterior renovation of Biltmore Commerce Center, a 260,000-square-foot, Class A office building at 3200 E. Camelback Rd. Built in 1985, the three-story building was purchased in August 2013 by Colorado-based DPC Development in partnership with Bridge Partners of Salt Lake City. Biltmore Commerce…

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CUSHMAN & WAKEFIELD NEGOTIATES LEASES TOTALING 21,926 SF AT SCOTTSDALE OFFICE CENTER

Cushman & Wakefield of Arizona, Inc. negotiated 21,085 square feet of new leases at Scottsdale Executive Office Center, 15880, 15990 and 16100 N. Greenway-Hayden Loop. Ingram Micro, Inc., a Santa Ana, Calif.-based firm, opened a technology incoming call center and occupies 14,926 SF. PHX Architecture relocated from a central Scottsdale location into 6,159 SF. “The…

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Hacienda HealthCare and RJM Construction hosting groundbreaking ceremony for 20,900-square-foot Children’s Hospital in Mesa

On Sept. 22, 2014, Hacienda HealthCare and RJM construction will host the groundbreaking ceremony for the new 24-bed, 20,900-square-foot children’s hospital in Mesa, Arizona. The hospital will feature: · Four themed patient wings with unique floor cuts and patient room headwalls to synchronize with the themes · Four indoor/outdoor healing gardens and family lounge/play areas…

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CBRE Completes $5.1 Million Sale of Peoria Marketplace in Peoria

CBRE has completed the sale of Peoria Marketplace, a ±25,481-square-foot multi-tenant shopping center in Peoria, AZ. The grocery shadow-anchored retail property is located at 7521, 7549 and 7611 West Cactus Road and commanded a sale price of $5.1 million. Steve Julius and Jesse Goldsmith with CBRE’s Phoenix office negotiated the transaction between the seller, G…

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Lee & Associates Brokers 10-Year+, 109,060 Square Foot Lease at Canal Crossing

A leading auto aftermarket company has signed a 10-year + lease for 109,060 square feet at Canal Crossing Logistics Center at 5670 S. 32nd St. in Phoenix. The project is currently under construction. Lee & Associates principals Jeff Conrad and Allen Lowe represented the landlord, Conor Commercial Real Estate (a real estate development and investment…

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Lee & Associates Signs Three-Year, 42,000 Square Foot Lease for Chandler Warehouse Space

Lee & Associates, an Arizona-based company signed a 36-month lease for 42,000 square feet at the Gold Canyon Candles Building at 6205 S. Arizona Ave. in Chandler. Lee & Associates principals TJ Swearengin, Stein Koss, SIOR and Tom Louer, SIOR, represented the landlord, Gold Canyon Candles, which occupies a majority of the 212,070-square-foot warehouse building.…

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Vestar Celebrates its 25th Anniversary

Vestar, the largest privately held retail developer in the western US, is celebrating 25 years of creating and managing leading shopping and entertainment destinations. Today Vestar owns and operates over 23 million square feet of retail property located across several western states. The company’s most noteworthy projects include Desert Ridge Marketplace, the award winning 1.2…

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