CBRE Multifamily Investment Group Negotiates $1.83 Million Sale of Osborn Place Apartments in Central Phoenix

CBRE has negotiated the following multi-family sales transaction: • Phoenix Fund IPIRG, LLC from San Diego, California has purchased Osborn Place apartment complex, a 30-unit, multi-family property located at 1414 East Osborn Place in Phoenix, Ariz. from EQ Downtown, LLC of Tempe, Ariz. Brian Smuckler and Jeff Seaman of CBRE’s Phoenix office represented both buyer…

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CBRE Multifamily Investment Group Negotiates $1.7 Million Sale of Desert Arbor Apartments in North Phoenix

CBRE has negotiated the following multi-family sales transaction: • Stardom Apartments, LLC from Woodside, California has purchased Desert Arbor apartment complex, a 73-unit multi-family property located at 725 West Vogel Avenue and 726 West Hatcher Road in Phoenix, Arizona from Las Salas, INC of Phoenix, Arizona. Brian Smuckler and Jeff Seaman of CBRE’s Phoenix office…

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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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