Colliers International Completes Sale of Chandler Corporate Center Office Building

Colliers International in Greater Phoenix recently completed the sale of the Class A, 68,443-square-foot Chandler Corporate Center II, which was 100 percent occupied at the time of the sale. Palisades Capital Realty Advisors of Los Angeles purchased the building, located at 500 North Juniper Drive in Chandler, from The Rockefeller Group. Mindy Korth, executive vice…

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CUSHMAN & WAKEFIELD NEGOTIATES $2 MILLION SALE OF NEW HOME FOR FATE BREWING COMPANY

Cushman & Wakefield of Arizona’s Retail Services Division negotiated the $2 million sale of 1312 N. Scottsdale Rd., which will be the new home of Fate Brewing Company. Brian Kocour and Courtney Auther Van Loo of Cushman & Wakefield represented the seller, SBI Leasing Inc. of Scottsdale. Scottsdale-based real estate investor Tom Frenkel was the…

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CBRE Multifamily Investment Group Completes Four Transactions Totaling Over $6.4 Million in Metropolitan Phoenix

CBRE has negotiated the following multi-family sales transaction(s): • Asset Preservation, Inc. from Los Angeles, California has purchased Desert Green Apartments, a 16-unit multi-family property located at 16243-16401 North 31st Street in Phoenix, Ariz., from Dramms, LLC of Poway, California. Brian Smuckler and Jeff Seaman of CBRE’s Phoenix office represented both the buyer and the…

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Rodeo Realty’s CEO, Syd Leibovitch Predicts the 2015 Real Estate Market

Syd Leibovitch is president and owner of Beverly Hills, California-based Rodeo Realty, Inc. The residential real estate firm has more than 1,200 licensed agents and 12 offices. Syd Leibovitch also managed affiliate companies including L.A. Mortgages, Encore Escrow and Progressive Title. Leibovitch studied Economics and initiated his career in selling real estate at the age…

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Engrain Rolls Out New Touchscreen Leasing System for Commercial Real Estate, TouchTour Commercial™

Engrain (engrain.com), the leader in touchscreen marketing, sales/leasing and messaging platforms for real estate, has announced the availability of TouchTour Commercial, a new product designed to help property management companies lease their space more effectively and to help visitors find tenants and building amenities easily. “TouchTour Commercial addresses two issues that commercial property owners and…

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Arizona Commercial Brokers Association Recaps 2014 Mid-Market Industrial Activity

The Arizona Commercial Brokers Association (ACBA) has released its 2014 transaction recap, reporting more than 380 completed industrial sale/lease transactions totaling over 3 million square feet in Phoenix in the past 12 months. Made up of veteran brokers from independent to regional firms, ACBA provides on-the-ground insight about the group’s major client demographic: the mid-market…

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Paradise Valley Medical Plaza in Phoenix Sold to American Realty Capital Healthcare Trust in $28.3 Million Transaction

Plaza Companies and USAA Real Estate Company have sold a signature medical office building in Phoenix to American Realty Capital Healthcare Trust in a $28.3 million transaction. Paradise Valley Medical Plaza, an award-winning, 104,000 square foot Class A medical office building, was purchased by American Realty Capital Healthcare Trust in a deal that closed on…

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MARCUS & MILLICHAP ARRANGES THE SALE OF A 3,848-SQUARE FOOT NET-LEASED PROPERTY

Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Raising Cane’s, a 3,848-square foot net-leased property located in Phoenix, AZ, according to Don Morrow, regional manager of the firm’s Phoenix office. The asset sold for $3,550,000. Jamie Medress…

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