Diamond Ventures & Ryan Companies Break Ground on 56,000-SF of new retail at Houghton Town Center in Tucson

Ryan Companies US, Inc., Diamond Ventures and the city of Tucson gathered today for the groundbreaking of three retail stores at Houghton Town Center; Ross Dress for Less®, T.J. Maxx® and Petco®. Ross, T.J. Maxx and Petco will open in the fall of 2017 at Houghton Town Center, a 60+ acre community shopping center, which…

Details

MCCARTHY BUILDING COMPANIES COMPLETES DESIGN & CONSTRUCTION OF NEW RED ROCK SOLAR PLANT

McCarthy Building Companies Inc. recently completed the installation of the large-scale Red Rock Solar Plant for Arizona Public Service (APS), which developed, owns and operates the plant.   Located on 400 acres at 25990 E. Camino Adelante Road in Red Rock, Ariz., about 30 miles south of Casa Grande, Ariz., this project represents APS’s largest…

Details

California Investor Purchases $19 Million Solano Terrace Apartments

Solano Terrace Apartments at 4715 N. Black Canyon Highway has sold to a California investor for $19 million. “This property offered a unique opportunity close to the major transportation sources of Interstate 17 and Light rail,” says Bill Hahn, executive vice president with Colliers International in Greater Phoenix.  “The community is in good condition, requiring…

Details

The heat is on Glendale firefighter to serve as celebrity chef at Thirteenorth Grille’s monthly charity event

Thirteenorth Grille will host its monthly Charity Guest Chef Night on Jan. 29 with a Glendale firefighter heating up the kitchen. The event benefits Glendale Fire Charities and Local 493 United Phoenix Firefighter Charities. It is scheduled for Sunday, Jan. 29, for 5 to 9 p.m. at Thirteenorth Grille, 1301 E. Northern Ave. Cost is…

Details

ORION Leases Scottsdale Infill Redevelopment, Sells Property to SimonCRE

Located on the outskirts of Old Town Scottsdale and minutes from Tempe, the property is well-situated to serve a dynamic trade area with a strong population base. Selling for $1,492,460, this is a ±4,200 square foot retail redevelopment opportunity. ORION Investment Real Estate represented SimonCRE in leasing the building to tenant Bush’s Chicken. SimonCRE acquired…

Details

Savills Studley Bolsters Occupier Services Group

Savills Studley, the leading commercial real estate firm specializing in tenant representation, is pleased to announce the addition of a team of seasoned industry professionals to the firm’s Occupier Services Group, including Executive Managing Directors Charles Daggett and Dina Zavislak. This new global occupier services team comes to Savills Studley from Mohr Partners, Inc., and…

Details

Recent Tucson Transactions

CBRE’s Tucson office has released the following recent transaction report:   Dr. Jeff Martin and Dr. Will Taylor purchased a 4,569 sq. ft. shell condominium medical office property at 7350 Speedway Boulevard. The buyer was represented by Christian Gile of Arizona Health Realty. The seller was represented by David Montijo and Damian Wilkinson of CBRE. …

Details

Q4 Phoenix Office Report: Absorption, New Space Deliveries Ruled 2016

Phoenix added millions of square feet of new office space in 2016, and companies filled that space at a near 10-year-high absorption rate, according to the Q4 2016 Phoenix Office Insight report released this week by the Phoenix office of JLL. Collectively, this activity improved the Valley’s office occupancy picture, pushing total vacancy rates down 120 basis points…

Details