Cassidy Turley Assist in $14 Million Sale of Scottsdale Retail Center

Cassidy Turley, a leading commercial real estate services provider in the U.S., has announced that Hayden Crossing Shopping Center, a 63,446-square-foot neighborhood retail center at 8015-8035 E. Indian School Road sold for $14 million ($221.38 per square foot). Executive Managing Directors Ryan Schubert and Michael Hackett with Cassidy Turley’s Retail Capital Markets Group represented the…

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Cassidy Turley Represents Donahue Schriber in Sale of Marley Park Plaza

Cassidy Turley, a leading commercial real estate services provider in the U.S., has announced the sale of Marley Park Plaza, a 77,545 square foot, grocery-anchored neighborhood shopping center at 15411 W. Waddell Road in Surprise. IMAN Enterprises, LLC of Surrey BC, Canada, purchased the retail center for $12.45 million from Donahue Schriber Realty Group. Cassidy…

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Ventana Medical Systems, Inc. to Lease 60,000 Built-to-Suit Project in Tangerine Commerce Park in Marana, Ariz.

An affiliate of Cottonwood Properties announced they will be constructing and leasing a 60,000-square-foot distribution facility for Ventana Medical Systems, Inc. The new facility is located in Tangerine Commerce Park located on Tangerine Farms Road, just west of the Tangerine Road freeway interchange. This is the first development within the 100-acre business park that provides…

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Automotive Repair Facility in Scottsdale Airpark Trades for $1.2 Million

Cassidy Turley, a leading commercial real estate services provider in the U.S., has announced the $1.2 million sale of an automotive repair facility at 15445 North 83rd Way in the Scottsdale Airpark. Cassidy Turley Senior Vice President Michael Kitlica negotiated the transaction on behalf of the buyer, L&R Real Estate Holdings, LLC (dba Roven Techs).…

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​​​​Whitestone REIT Highlights Leasing Progress at Its ​Fountain Square Property in Phoenix

Whitestone REIT (WSR), a fully integrated real estate company that owns, operates and re-develops Community Centered Properties™, today announced leasing progress and occupancy increases at its Fountain Square property located in northern Phoenix. Whitestone REIT purchased Fountain Square in 2012 out of foreclosure for $130 per square foot, and repositioned and redeveloped the 118,000 square…

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Passco Companies Forms Joint Venture with Insite Investment Realty to Acquire 270-Unit Multifamily Community in Tempe for $25 Million

Passco InSite, LLC, a joint venture between Passco Companies, LLC and InSite Investment Realty, has acquired the 270-unit Class B garden-style multifamily community Ovation at Tempe for $25.85 million. According to Bill Passo, CEO and Founder of Passco Companies, this new joint venture is an extension of a 20-year relationship with long-standing track record, market…

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Caliber Companies Receives 2014 Inc. 500 Ranking of America’s Fastest Growing Private Companies

Fueled by its continued success and innovation in real estate wealth development which resulted in a 1,169.7 percent compound annual growth rate (CAGR) since 2011, Caliber Companies today announced that is has placed #404 in this year’s Inc. 500 list of the nation’s fastest-growing private companies. The exclusive list represents the most comprehensive look at…

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Cushman & Wakefield Negotiates 15,988 Square Foot Lease at Granite Commerce Center

Cushman & Wakefield of Arizona, Inc. negotiated a long-term lease renewal at Granite Commerce Center, 405 N. 75th Ave., Suite 180, for a lamination distribution company. The lease renewal of 15,988 square feet is for USI Inc. of Madison, Conn. USI markets roll and pouch laminating machines and films, binding equipment and supplies and many…

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Colliers International Completes 176-Unit Sale of San Marin Apartments in Tucson

Colliers International in Greater Phoenix recently completed the sale of the 176-unit San Marin Apartments in Tucson. Chartwell Capital Partners of North Salt Lake, Utah, purchased the complex, located at 5650 S. Park Ave., from Bridge Investment Group Partners of Murray, Utah. Cindy Cooke, senior executive vice president of Colliers International in Greater Phoenix, and…

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Colliers International Completes 436-Unit Sale of Carleton Club Apartments in North Phoenix

Colliers International in Greater Phoenix recently completed the sale of the 436-unit Carleton Club Apartments, a Class-B complex in Phoenix, for $22.25 million. Phoenix-based Bruckal Developments Inc. purchased the complex located at 17425 N. 19th Ave., completed in 1984. The buyer has plans for major renovations in the near future. Cindy Cooke, senior executive vice…

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Zell Commercial Real Estate Services, Inc. Announces Leases Across Greater Phoenix

ZELL Commercial Real Estate Services, Inc., a full service shopping center management and leasing firm based in Phoenix, Arizona announces the following retail lease transactions: The Vitamin Shoppe Leases Space in Foothills Park Place Shopping Center in Phoenix The Vitamin Shoppe has signed a lease for 3,867 square feet in the Foothills Park Place Shopping Center…

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