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…

Details

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…

Details

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…

Details

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…

Details

VP Sets Next Breakfast, ‘Making a Federal Case: Regulations and Their Impact on Real Estate Development’

Valley Partnership has announced the topic for its upcoming monthly breakfast on Friday, July 18. This month’s program will feature an update from Washington as U.S. Reps. Krysten Sinema and Matt Salmon candidly discuss the laws, rules, regulations and policies that impact the ability to develop real estate in Arizona. The discussion will be moderated by…

Details

Pacific Realty Advisors to Build 206K Spec Industrial Project in Mesa

Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that Pacific Realty Advisors (Kenn Francis and Tod Thorpe, Scottsdale, AZ) will break ground this year on an approximately 211,505-square-foot, two-building industrial project on the northwest corner of Broadway and Dobson roads in Mesa. Cassidy Turley’s Mike Haenel, Andy Markham, SIOR and…

Details

540 Acres of Land in the Tortolita Mountains Near Tucson, Arizona to Be Auctioned Off on Micoley.com

In one of the fastest-growing towns  in the entire state of Arizona, Marana, are 540 acres (five parcels) of development land in the Tortolita Mountains, scheduled for online auction August 23 on micoley.com. The area, which is just northwest of Tucson in Fresnal Canyon, is a prime piece of territory for developers looking to add…

Details

Kieckhefer Properties Celebrates Ground Breaking at Chandler 202

Kieckhefer Properties General Manager Bill Woodruff and Assistant General Manager Nick Woodruff were joined by a group of Chandler city officials including Vice Mayor Rick Heumann, Councilmembers Nora Ellen, Kevin Hartke, Jack Sellers and Jeff Weninger and Willmeng Construction President James Murphy to break ground at Chandler 202 on June 25. The approximately 140,000-square-foot Class…

Details