Whitestone REIT Announces Strategic Acquisitions of Two Value-Add Highly Visible Hard Corners at Two Existing Phoenix Properties

Whitestone REIT (NYSE:WSR) (“Whitestone”), announced today that it has completed two strategic acquisitions of hard corners at its Village Square at Dana Park and Fulton Ranch-Towne Center Properties in the Phoenix market. Prior to purchase, the hard corners adjoining Whitestone’s Village Square at Dana Park and Fulton Ranch-Towne Center, which were acquired in 2012 and…

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Weingarten Purchases Scottsdale Horizon Shopping Center

DTZ, a global leader in commercial real estate services, today announced today that a Dallas based private real estate fund advised by Crow Holdings Capital – Real Estate (CHC–Real Estate) sold Scottsdale Horizon Shopping Center, a 154,766 square foot neighborhood shopping center located at 14850 N. Frank Lloyd Wright Boulevard in Scottsdale, AZ. Weingarten Nostat,…

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John Jackson and Larry Miller Promoted to Associate Vice President at Velocity Retail

Velocity Retail Group, LLC announces that retail brokers John Jackson and Larry Miller, Jr. have been promoted to Associate Vice President. “Both John and Larry are known for providing their clients with excellent service and superior real estate expertise,” said Greg Coxon, Chief Administrative Officer at Velocity. “They are an integral part of the team…

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CUSHMAN & WAKEFIELD COMPLETES ACQUISITION OF MASSEY KNAKAL

Cushman & Wakefield, the global real estate services firm, announced today the successful completion of its acquisition of Massey Knakal Realty Services, New York’s No. 1 Investment Sales firm (based on number of transactions) for more than a decade. The acquisition significantly enhances Cushman & Wakefield’s Capital Markets presence in the New York Tri-State region.…

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Lincoln Property Co.’s Megan Watkins Appointed BOMA-Phoenix President

Lincoln Property Company (LPC) proudly announces the appointment of Senior Property Manager Megan Watkins as 2015 President of the Building Owners and Managers Association (BOMA)–Greater Phoenix. With 315 current members, BOMA-Greater Phoenix serves as one of the Valley’s leading organizations providing education and advocacy for the commercial real estate industry. Watkins joined BOMA-Greater Phoenix in…

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CBRE Completes $6 Million Sale of CVS Pharmacy in Peoria, Ariz.

CBRE has completed the sale of a single-tenant, triple-net leased CVS Pharmacy located at 8332 West Thunderbird Road in Peoria, Ariz. The 13,813-square-foot retail property is situated on approximately 79,201 square feet of land. The property commanded a sale price of $6 million, or $434.37 per square foot. Joseph Compagno, Andrew Fosberg and Molly Busch…

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LGE Design Build Starts Construction on 20,250 SF Medical Office Building Near Chandler Regional Medical Center

LGE Design Build has started construction on a 20,250-square-foot medical office building near the Chandler Regional Medical Center and Loop 202. Brain & Spine Center and Desert Kidney Associates will be the first tenants to open offices in the Fairview Medical Center, 2201 W. Fairview, next summer. “LGE Design Build is seeing increased demand for…

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LGE Design Build Starts Construction on 12,939 SF Office Building in Chandler

LGE Design Build has started construction on a 12,939-square-foot, two-story office building at the Cambridge Watermark office plaza in Chandler to respond to growing demand for office properties. Eric Pyles, who owns a nearby 34,000-square-foot office building, has hired LGE Design Build to construct a companion office building located at 2450 S. Gilbert Road to…

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Colliers International Completes Sale of Chandler Corporate Center Office Building

Colliers International in Greater Phoenix recently completed the sale of the Class A, 68,443-square-foot Chandler Corporate Center II, which was 100 percent occupied at the time of the sale. Palisades Capital Realty Advisors of Los Angeles purchased the building, located at 500 North Juniper Drive in Chandler, from The Rockefeller Group. Mindy Korth, executive vice…

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CUSHMAN & WAKEFIELD NEGOTIATES $2 MILLION SALE OF NEW HOME FOR FATE BREWING COMPANY

Cushman & Wakefield of Arizona’s Retail Services Division negotiated the $2 million sale of 1312 N. Scottsdale Rd., which will be the new home of Fate Brewing Company. Brian Kocour and Courtney Auther Van Loo of Cushman & Wakefield represented the seller, SBI Leasing Inc. of Scottsdale. Scottsdale-based real estate investor Tom Frenkel was the…

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