VOIT REAL ESTATE SERVICES DIRECTS THE $2,304,600 SALE OF A 20,040 SF INDUSTRIAL PROPERTY AT TURNER SPECTRUM RIDGE

Eric Bell and Mike Ciosek of Voit Real Estate Services’ Phoenix office successfully directed the $2.3 million ($115 per square foot) sale of a 20,040 square-foot freestanding industrial building in Phoenix, to Air Services International, Inc. (ASI) on behalf of the seller, Turner Real Estate Investments. “Turner Spectrum Ridge was the first new development in…

Details

Plaza Companies CEO Sharon Harper to Receive Distinguished Service Award from Greater Phoenix Economic Council

Plaza Companies President and CEO Sharon Harper will receive this year’s Distinguished Service Award from the Greater Phoenix Economic Council (GPEC), which recognizes significant individual contributions to economic development efforts in Arizona. Harper will be honored alongside Phoenix Mayor Greg Stanton, the recipient of the organization’s Outstanding Regional Contribution Award, and Dibble Engineering’s Rebecca Timmer,…

Details

Newmark Grubb Knight Frank Completes 20,127 SF Industrial Lease

Newmark Grubb Knight Frank (NGKF) has negotiated a 20,127 square foot lease at the Tempe Commerce Park, 7360 S Kyrene, a 99,384 square-foot Industrial manufacturing building, built in 1996, in Tempe, Ariz. Rob Stephens, Managing Director with NGKF’s Phoenix office represented the Tenant Honeyville Food Products, in the lease transaction. The landlord, Invesco was represented…

Details

SVN Negotiates $3.9M Sale of Two Anchor Spaces at Peoria Town Center

Shari A. Tucker-Gasser and Trenton McCullough, Retail Investment Advisors in the Phoenix Sperry Van Ness office, negotiate the sale of a former Walmart anchor space and a former Albertson’s anchor space at Peoria Town Center for a combined $3.9M. McCullough and Tucker represented the seller, SNS Investments, in the $2,500,000 sale of the 110,000 SF…

Details

SkySong 3 Building Awarded LEED Silver Certification

SkySong 3 has officially gone “green.” The four-story, 145,000-square-foot office and research building at the intersection of SkySong Boulevard and Innovation Place has achieved Silver LEED certification from the U.S. Green Building Council for its sustainable design and construction. LEED—Leadership in Energy and Environmental Design—is a certification program that sets the standard for environmentally responsible…

Details

Ryley Carlock Litigator Resolves Jurisdictional Rules Dilemma U.K. Courts Grappled with for Decades

The dispute spanned 12 years, involved parties in five countries, and yielded two important court rulings, but Ryley Carlock litigator James O. Ehinger ultimately helped to establish new definitive rules governing how judgments from foreign countries are recognized and enforced in the United Kingdom. In Desarrollo Inmobiliario v. Kader Holdings Co., Ltd., following a 5-day…

Details

VESTIS GROUP BROKERS SALE OF MODE DOWNTOWN APARTMENTS IN DOWNTOWN PHOENIX

Vestis Group is pleased to announce that Principals Natan Jacobs and Les Litwin have completed the sale of McDowell Apartments, an 8-unit multifamily community located in the sought after F.Q. Story Historic District in Downtown Phoenix, just north of Midtown Phoenix, Arizona for $719,000 / $89,875 Per Unit. Pinnacle AZ Development LLLP of Phoenix, Arizona…

Details

HELIX PLANS NEW RETAIL DEVELOPMENT ON NEWLY AQUIRED COMMERCIAL PROPERTY

Commercial Real Estate Company & Hubbell Land, LLC Commit to Development Agreement for Pebble Creek Plaza Retail Pads in Goodyear. Helix, an Arizona-based commercial real estate brokerage, management, investment services and development company, recently announced a development agreement with Hubbell Land, LLC, to develop the newly acquired and repositioned commercial property, Pebble Creek Plaza Retail…

Details

New Home Construction Commences at Brookfield Communities’ Neighborhood, ‘The Ridge’

Bullhead City master-plan begins its most unique community ever. With substantial infrastructure in place, model home construction has begun at Brookfield Communities newest and most unique development, “The Ridge at Fox Creek,” – a beautiful new addition to its existing master-planned community along the Colorado River and across from the historic gaming hub of Laughlin,…

Details

Coldwell Banker Residential Brokerage in Arizona Names Greg Hollman as President

Coldwell Banker Residential Brokerage in Arizona today announced the company has appointed Greg Hollman as its new president. Hollman, who has held numerous leadership roles Coldwell Banker Residential Brokerage in both Arizona and Southern California, replaces Malcolm MacEwen, who will be stepping down as president and moving into a sales capacity with the company in…

Details

MODE Commercial Real Estate Management Services Announces Merger

MODE Commercial Real Estate Management Services is pleased to announce its recent merger with Middlefork Commercial. MODE Commercial is currently a leading force in Commercial Real Estate Property Management in the Greater Phoenix area being ranked one of America’s fastest growing private companies by Inc. 5000 in 2013. Middlefork Commercial’s expertise runs parallel with MODE…

Details

Lincoln Property Company, Harvard Investments Fill First Building at Waypoint Office Project

Lincoln Property Company (LPC) and Harvard Investments have reached 100 percent occupancy in the first building at the Waypoint office campus, thanks to a major tenant commitment by American Traffic Solutions (ATS). The lease is the first at the new two-building, Class A office development underway in Mesa, Arizona. Under the new lease, ATS will…

Details