Alliance Bank Publishes Photographic History of Arizona Commerce to Benefit Education

Alliance Bank of Arizona, the state’s largest headquartered bank, has published At Work in Arizona: The First 100 Years with proceeds going to 12 of the state’s most effective education-focused nonprofits, is available beginning today. Curated by Marilyn Szabo and written by Stuart Rosebrook, At Work in Arizona frames the story of Arizona’s economic history…

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Historic Welnick Bros. Marketplace in Downtown Phoenix Sold to Local Buyers; Property Slated for Future Urban-Infill Project

CBRE has completed the sale of Welnick Bros. Marketplace located at 345 W. Van Buren Street in Downtown Phoenix. The property, which has been earmarked for a future, urban-infill retail project, commanded a sale price of $930,000. Christoper Ackel and Pat Horan with CBRE’s Phoenix office negotiated the transaction on behalf of both buyer and…

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Colliers International Negotiates Two Leases for New Multi-Tenant Building at Crossroads Towne Center

Colliers International in Greater Phoenix recently negotiated two separate long-term leases for a restaurant and dental office at a multi-tenant retail building soon to be under construction at Crossroads Towne Center in Gilbert. Local shopping center owner, developer and manager, Vestar Development Company of Phoenix, is developing a 7,800-square-foot building at 3787 S. Gilbert Road.…

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Propak Logistics Signs 48,735-SF Lease at Estrella Business Park in Phoenix

CBRE has completed a 48,735-square-foot lease at Estrella Business Park located at 1010 S. 65th Avenue in Phoenix, Ariz. Propak Logistics, Inc. has leased the space marking the companies first location in metropolitan Phoenix and bringing the property to 100 percent leased. Pat Feeney, Dan Calihan and Rusty Kennedy with CBRE’s Phoenix office, along with…

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Rosalinda Apartments sells in Phoenix for $545K

Cooper, Cardinal and Company LLC, a boutique multi-family investment brokerage firm with headquarters in Phoenix, Arizona, recently closed the transaction for Rosalinda Apartments, a 9-unit turn-key multi-family community located in Phoenix, Arizona. The sale price of $545,000 equates to $60,556 per unit or $61.44 per square foot. Jack A. Cardinal, a Managing Director of the…

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VOIT REAL ESTATE SERVICES REPRESENTS DUAL DIAGNOSIS TREATMENT CENTER, LLC IN 10,654 SF OFFICE LEASE IN CHANDLER

Voit Real Estate Services, a leading full-service commercial real estate provider serving the Southwestern U.S. market, is pleased to announce the completion of a 10,654 square-foot office lease on behalf of Dual Diagnosis Treatment Center Inc. Mike Knapp, Senior Associate in Voit’s Phoenix office, represented the tenant in the transaction. “Dual Diagnosis is a multi-market…

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Lincoln Equities Group (LEG) Expands Its Redevelopment, Land Use Services

Lincoln Equities Group LLC (LEG) announced today that its redevelopment and land use division expanded significantly in 2014. Specifically, LEG managed and negotiated approvals for some of the tri-state area’s largest, most complex mixed use redevelopments, including Halletts Point in Queens, Highland Cross in the Meadowlands and Forrestal Village in Princeton. “We’ve broadened our portfolio…

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CUSHMAN & WAKEFIELD TO HANDLE LEASING, PROPERTY MANAGEMENT FOR INDUSTRIAL PROPERTY TRUST AT NORMAL JUNCTION IN TEMPE, ARIZ.

Cushman & Wakefield of Arizona, Inc. has been selected by Industrial Property Trust (IPT) to handle leasing and property management for two industrial properties at Normal Junction. The properties, located at 1715 S. Holbrook Lane and 1895 S. Los Feliz Drive, contain a total of 140,314 square feet of industrial space. Approximately 29,471 square feet…

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Capital Asset Management Brokers Sale of Plaza at Squaw Peak Office Property for $25 million to BH Properties

On behalf of their client, IX CW Plaza Squaw Peak, LP, Capital Asset Management announced today the successful sale of The Plaza at Squaw Peak, a 428,044-square-foot Class B office building, to BH Properties, a Los Angeles commercial real estate investment company. Located on 16th Street and Morten in Phoenix, this transaction represents BH Properties’…

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