The Club at Coldwater Springs in Avondale, Ariz. Sells for $24M

Cassidy Turley, a leading commercial real estate services provider in the U.S., today announced the sale of The Club at Coldwater Springs, a 251-unit apartment community located at 105 North Links Drive in Avondale, Ariz. PM Club at Coldwater Springs Avondale, LLC (PEM Real Estate Group), represented by Cassidy Turley Executive Managing Directors David Fogler…

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Broadstone Twin Fields Apartments in Gilbert, Ariz. Sells for $47.1 Million

Cassidy Turley, a leading commercial real estate services provider in the U.S., today announced the sale of Broadstone Twin Fields, a 314-unit apartment community located at 2505 E. Williams Field Road in Gilbert, Ariz. Broadstone at Twin Fields, LP (Alliance Residential), represented by Cassidy Turley Executive Managing Directors David Fogler and Steven Nicoluzakis, sold the…

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ELLIS PARTNERS APPOINTS CUSHMAN & WAKEFIELD TO LEASE 950K SF AT 101 TECH

Ellis Partners, one of the Bay Area’s most experienced developers, today appointed Cushman & Wakefield as the leasing agent for its 961,000 square-foot campus, 101 Tech, along Orchard Parkway in North San Jose. Cushman & Wakefield’s listing team is comprised of Jeff Cushman, Jim McPhee, Michael McMillan, and Scott Dever. 101 Tech’s existing 296,000 SF…

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GENE SPIEGELMAN, VICE CHAIRMAN, APPOINTED HEAD OF CUSHMAN & WAKEFIELD’S NORTH AMERICA RETAIL SERVICES GROUP

Spiegelman, representing North America, joins global retail leadership team alongside Justin Taylor (EMEA) and James Hawkey (APAC) Cushman & Wakefield announced today that Gene Spiegelman, Vice Chairman, has been named head of the firm’s North America Retail Services group. Gene is based in C&W’s world headquarters office in New York’s Midtown Manhattan. 
Since joining the…

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10.5 Acre Chandler Parcel Trades for $3.2M, Industrial Buildings Planned

A 10.5 acre parcel near the intersection of Arizona Ave. and Willis Rd. in Chandler has sold for $3,202,437 or $7.00 per sq. ft. The new owners plan to develop the parcel into two multi-tenant industrial buildings. Matt Hobaica, Principal with Lee & Associates, represented his client Jim Chamberlain of Chamberlain Development, LLC. of Tempe.…

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Make-A-Wish Foundation Buys Scottsdale Office Building

Make-A-Wish Foundation of Arizona purchased an ±11,400 Square Foot Office Building just outside of Downtown Scottsdale at 2901 N. 78th Street for its headquarters. Closing on December 2nd, the two-story office building sold for $1.9 million. Kelly O’Dea of LevRose/TCN Worldwide represented the Seller, SPQR, LLC, and the buyer was represented by Chris Marchildon and…

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TRIWEST HEALTHCARE ALLIANCE EXPANDS ITS HEADQUARTERS TO 119,000+ SQ. FT. IN NORTHWEST PHOENIX

TriWest Healthcare Alliance has leased the entire 119,131-square-foot office building at 16010 N. 28th Ave. to accommodate its expansion for handing its recently awarded contract with the Department of Veterans Affairs (VA.). The company, which had previously occupied a portion of the building as its corporate headquarters, has committed to extend its lease and expand…

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111 West Monroe Raises the Bar for ‘Mid-Century Modern Cool’ in Downtown Phoenix Office Market

Rialto Capital, a national real estate investment and asset management company and local boutique Ironline Partners (Karber, O’Neil, principals) are celebrating the newly acquired 111 West Monroe tower’s 50th anniversary. 111 West Monroe is under renovation and actively welcoming the most creative office and retail tenants in Phoenix’s growing CBD. “The ‘new’ 111 West Monroe…

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NAIOP ARIZONA CLOSES OUT A SUCCESSFUL 2014 MAKING EDUCATION, VOLUNTEERISM AND ADVOCACY HIGH PRIORITIES

From philanthropy to tackling key issues affecting the industry to education and networking, NAIOP Arizona and its more than 700 members closed out a successful 2014. Events such as Night at the Fights, the new Signature Speaker Series, Thursday Night Live, the quarterly Market Leaders Series and the golf tournament attracted more than 3,500 attendees…

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Colliers International Completes Sale of Ocotillo Fiesta in Chandler, Ariz.

Colliers International in Greater Phoenix recently sold the 40,952-square-foot Ocotillo Fiesta Shopping Center in Chandler, Ariz., involving a trade of properties. Ocotillo Fiesta LLC, of Scottsdale purchased the shopping center, located at the southeast corner of Alma School Road and Queen Creek Road, from Southgate Mall Associates LLC of Missoula, Mont. Mindy Korth, executive vice…

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TRAMMELL CROW COMPANY AND CLARION PARTNERS KICK OFF THIRD PHASE OF COLDWATER DEPOT LOGISTICS CENTER

Trammell Crow Company (TCC), one of the nation’s largest commercial real estate developers and investors, and joint venture partner Clarion Partners, a leading U.S. real estate investment manager, announce that construction has begun on Coldwater Depot Logistics Center, Phase 3, a 187,000 square foot, Class A speculative industrial building in Avondale, AZ. Construction is scheduled…

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CBRE Completes $58.6 Million Sale of Desert Ridge Corporate Center in Phoenix

CBRE has completed the sale of Desert Ridge Corporate Center (DRCC) located at 20860, 20830 and 20910 N. Tatum Blvd. in Phoenix, Ariz. The institutional grade office and retail development is located in the Desert Ridge master-planned community. The asset totals 293,161 square feet and commanded a sale price of $58.6 million. The property was…

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Attorney Matthew Meaker Contributing Author to Green Building Book Published by the American Bar Association

Matthew Meaker, a Shareholder with the law firm of Sacks Tierney P.A., recently co-authored two chapters in a primer for green construction lawyers, “Green Building and the Construction Lawyer – A Practical Guide to Transactional and Litigation Issues,” published by the American Bar Association. The authors of this publication included some of the preeminent authorities…

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