JLL Inks Sprouts Farmers Market HQ Lease at The Offices on High Street

The Phoenix office of JLL has completed a 77,400-square-foot, long-term lease with Sprouts Farmers Market, bringing the grocer’s corporate headquarters and a ground-floor Sprouts Farmers Market natural and organic grocery store to The Offices on High Street. The Offices on High Street is the office component of High Street, a mixed-use development in North Phoenix…

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Lincoln Property Co. Signs 30,000-Square-foot Tech Tenant to Camelback Square, Brings It 95 Percent Occupancy

Lincoln Property Company announced today that it has signed a 30,000-square-foot lease with a nationally platformed technology tenant at the Camelback Square office project in Downtown Scottsdale. The confidential tenant commitment brings the Class A building to 95 percent occupancy. The new tennant is expected to announce its part in the deal over the next…

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Walton Development and Management Helps Kids With Life-Threatening Illnesses With $10,000 Donation

GKTW announced today that Walton Development and Management has made a $10,000 donation to Give Kids the World Village. This generous contribution will enable more kids with life-threatening illnesses and their families to visit Give Kids The World Village and experience free weeklong vacations. “We are so thrilled to welcome Walton Development and Management to…

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Marcus & Millichap Sells 200-Unit Multifamily Asset In Phoenix To La Fuente De La Comunidad, LLC.

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Camelback Vista, a 200-unit apartment property located in Phoenix, according to Don Morrow, Regional Manager of the firms Phoenix office. The asset commanded a sales price of $5.125 million. Rich Butler, Brian…

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Land Advisors Organization-Orlando Anounces Latest Closed Land Deals

Land Advisors Organization, a premier nationwide land brokerage firm, announces the successful execution of their most recent land transactions in the Orlando metropolitan area.   The LAO-Orlando team of Steve Flanagan, Mike Ripley and Steve Ruoff represented REO Funding Solutions III LLC in their June 24, 2014 $3,714,000 sale of 145 residential lots in the Huntington…

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Cushman & Wakefield Takes Top Honors In National Achievement Awards; Apple Deal In Mesa Earns 2nd Place For Best Sale – Single Asset

Cushman & Wakefield took top honors in Commercial Property Executive’s 2014 Distinguished Achievement Awards, which represent leading transactions, strategies and projects that took place in 2013.   Awards were given in eight categories, including Best Lease, Best Sale—Single Asset, Best Sale—Portfolio, Best Financial Structure, Best Development/Redevelopment, Most Effective Repositioning/ Turnaround Strategy and Most Innovative Corporate…

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SNL Real Estate: American Realty Capital Hospitality To Add 126 Hotels In Equity Inns Deal

In its pending acquisition of a portfolio of Equity Inns hotels for $1.93 billion, American Realty Capital Hospitality Trust Inc. will add 126 properties in 35 states totaling 14,934 rooms. Should the portfolio deal be realized, it would become “one of the largest owners of select-service hotels (by enterprise value) in the North American lodging…

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Commercial Properties Reports On Top Transactions

Commercial Properties, Inc., Arizona’s largest locally owned commercial real estate brokerage, reports its top transactions last week. In total the firm completed 138 transactions in June for a total of 617,718 square feet. Leading the Sales Transactions Category last week, Tyson Breinholt and Matt Zaccardi handled both sides of the deal for a 45,016-square-foot-square-foot office…

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Whitestone REIT Acquires Heritage Trace Plaza in Ft. Worth Texas for $20.1M

Whitestone REIT a fully integrated real estate company that owns, operates and redevelops Community Center Properties announced today the acquisition of Whitestone’s first Fort Worth, Texas-area property, Heritage Trace Plaza, a 98 percent leased, family-focused property with 70,431 square feet of leasable area anchored by Texas Health Resources. Class “A” Heritage Trace Plaza is located…

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