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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CBRE Multifamily Investment Group Completes Four Transactions Totaling Over $6.4 Million in Metropolitan Phoenix

CBRE has negotiated the following multi-family sales transaction(s): • Asset Preservation, Inc. from Los Angeles, California has purchased Desert Green Apartments, a 16-unit multi-family property located at 16243-16401 North 31st Street in Phoenix, Ariz., from Dramms, LLC of Poway, California. Brian Smuckler and Jeff Seaman of CBRE’s Phoenix office represented both the buyer and the…

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Rodeo Realty’s CEO, Syd Leibovitch Predicts the 2015 Real Estate Market

Syd Leibovitch is president and owner of Beverly Hills, California-based Rodeo Realty, Inc. The residential real estate firm has more than 1,200 licensed agents and 12 offices. Syd Leibovitch also managed affiliate companies including L.A. Mortgages, Encore Escrow and Progressive Title. Leibovitch studied Economics and initiated his career in selling real estate at the age…

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Engrain Rolls Out New Touchscreen Leasing System for Commercial Real Estate, TouchTour Commercial™

Engrain (engrain.com), the leader in touchscreen marketing, sales/leasing and messaging platforms for real estate, has announced the availability of TouchTour Commercial, a new product designed to help property management companies lease their space more effectively and to help visitors find tenants and building amenities easily. “TouchTour Commercial addresses two issues that commercial property owners and…

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