Phoenix-Area Apartments Acquired by 29th Street Capital

29th Street Capital (29SC) acquired two more multifamily communities in Phoenix, Arizona’s thriving East Valley region in March. The firm acquired Williams Landing Apartments, a 72-unit multifamily community on March 25. Village Green Apartments, a 108-unit multifamily community, entered the portfolio March 31. The firm plans significant upgrades at the communities, which are near major…

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CCIM Leaders Focus on Global Expansion, Legislative Efforts and Branding at Midyear Meetings

Strategic global expansion, current legislative efforts, and marketing the CCIM brand to millennials dominated the agendas of the CCIM Institute Board of Directors and governing committees during the organization’s Midyear Meetings, held March 22–25 at the Fairmont Hotel in Chicago. “At the Midyear Meetings, we implemented new directives to move forward strategically into the international…

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Stiles Signs Anheuser-Busch to 800 Brickell Office Tower in Miami; Brings Occupancy to 90 Percent

Stiles Realty, a division of Fort Lauderdale-based full-service real estate firm Stiles, announced international brewery Anheuser-Busch has signed a 63-month lease at 800 Brickell office tower for 3,218 square feet on the second floor. The premium suite is equipped with a 2,000-square foot balcony, a rare feature in this submarket, according to Stiles Realty Associate…

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Liberty Property Trust Brings Tuesday Morning Corporation to Phoenix with a 593,600 Square Foot Lease at Liberty Logistics Center I

Liberty Property Trust today announced that Tuesday Morning Corporation has signed a ten year lease for 593,600 square feet at Liberty Logistics Center I in Phoenix. The national retail chain will occupy the entire facility, located at 563 S. 63rd Avenue, in September. Liberty acquired the building in 2013 and marketed the facility to potential…

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Distribution Company Purchases Phoenix Industrial Property

DTZ, a global leader in commercial real estate services, announced today the $3.1 million sale of 3000 E. Chambers Street, a ±61,729 square foot single-tenant industrial building in Phoenix. MLCY Investment, LLC purchased the property and will occupy the space, which includes 26% office buildout and an evaporative-cooled warehouse with grade-level doors and a double-wide…

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