JLL Signs Latest Tech Tenant to Old Town Scottsdale: OutboundEngine

The Phoenix office of JLL has signed OutboundEngine, the 100 percent done-for-you email, social media and content marketing platform, to a new lease at 4110 N. Scottsdale Rd. in Old Town Scottsdale, a market that is becoming increasingly flush with high-tech and internet-related corporate office tenants. Based in Austin, OutboundEngine specializes in content, email and…

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SMARTSTOP SELF STORAGE ACQUIRES TEMPE, ARIZONA, FACILITY FOR $4.4 MILLION

SmartStop Self Storage (SmartStop®) recently acquired a self- storage facility totaling approximately 350 units and approximately 32,400 net rentable square feet with an aggregate purchase price of approximately $4.4 million. The Tempe, Ariz., self storage facility will be managed by SmartStop® and re-branded under the SmartStop Self Storage trade name. “This facility is in a…

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Colliers International Completes $13M Sale of 468-Unit Willow Springs Apartments in Phoenix

Colliers International in Greater Phoenix recently completed the sale of the 468-unit, Class C Willow Springs Apartments in Phoenix for $13.25 million or $28,312 per unit ($42.66 per square foot). Resort on 27th LLC of Los Angeles purchased the property, located at 4715 N. 27th Avenue, from MLCFC 2007-7 North 27th Avenue LLC of Miami…

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ICON Builders’ 144 Unit Market Rent Leader in North Phoenix Sells Through ABI Multifamily Brokerage and Advisory Firm

ABI Multifamily, a dedicated multifamily brokerage and advisory services firm, is pleased to announce the sale of a highly renovated North Phoenix, 144 Unit, multifamily property – West 35th Apartments – for $8,820,500 or $61,253 Per Unit. West 35th Apartments was originally constructed 1983 and was highly renovated in 2011 and 2012. The seller in…

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NEW PLAYER FROM CANADA MAKES FIRST VALLEY DEAL: $91.2 MILLION FOR 634 APARTMENTS

Starlight Investments Ltd. of Toronto, Ontario, Canada (Daniel Drimmer, CEO) has entered the Valley real estate market with the $91.2 million purchase ($143,849 per unit blended average) of 634 apartments in two north Phoenix projects. The sellers in two transactions were companies formed by Trillium Residential LLC in Phoenix (Jamie Dawson, Ken Losch, principals). Developed…

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ORION Negotiates Sale of Apartment Complex in Gilbert for $4,150,000

ORION Investment Real Estate is pleased to announce the sale of Williams Landing Apartments, a 72-unit apartment complex in Gilbert, Arizona, for $4,150,000. Jackie Allen, Vice President of Multifamily Investments at ORION marketed the property and negotiated the transaction. Williams Landing Apartments is a two-story community consisting of 72 rental units. The property was built…

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Johnson Carlier announces marketing, business development team additions

Johnson Carlier, a locally-based general contractor, announced today that Tina Bark-Roy and Kendall Chadwell have joined the company as Director of Client Development and Marketing Director respectively. Bark-Roy brings a diverse background of entrepreneurship, global travel, hospitality sales and customer service to her new role. Chadwell has worked in the architecture, construction and engineering (AEC)…

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COMMERCIAL PROPERTIES INC., IS PLEASED TO ANNOUNCE THE LEASE OF A ±33,000 SF INDUSTRIAL MANUFACTURING SITE IN CASA GRANDE, AZ

Commercial Properties, Inc., Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the lease of 1441 North VIP Boulevard in Casa Grande, Arizona. Jeff Hays, Chad Neppl, John G. Soldo, SIOR and Ryan Steele of CPI’s Tempe Industrial Team represented the owner, Jensen Precast for this ±33,000 SF property with five structures…

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Vertical Ventures Announces the Purchase of Eastmont Town Center in Oakland, CA

Vertical Ventures, a private equity investment firm based in Walnut Creek, today announced the purchase of Eastmont Town Center, a 541,390 square foot office property located in Oakland, CA. Eastmont Town Center is the premier destination for community-oriented tenants in Alameda County. Its central location provides tenants with immediate access to the residents they serve…

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