Commercial Properties Inc. in on Sale of a 13,400 Sf Retail Center In Scottsdale

Commercial Properties, Inc., Arizona’s largest locally owned commercial real estate brokerage, announces the sale of a 13,400 SF retail strip center located at 10636 N. 71st Way in Scottsdale. Matt Zaccardi of CPI’s Tempe Office represented the buyer in this transaction. Sundown Plaza, 10636 N. 71st Way, is a multi-tenant strip center formerly owned by…


Colliers International Completes 10,000 Square Foot Lease for Canadian Educational Company Launching into the U.S.

Colliers International in Greater Phoenix recently completed a 10,000 square foot lease at a Costco Plaza in Tempe to a Canadian educational company. Maple Bear Schools will lease space at 1255 E. Elliot Road from GDA Real Estate LLC of Colorado Springs, Colo., to launch operations for an expansion into the western United States. The…


Paul Sweetland Joins Industrial Properties Division at Cushman & Wakefield of Arizona

Paul SweetlandPaul Sweetland has been named Senior Director in the Industrial Properties Division of Cushman & Wakefield of Arizona, Inc.

Sweetland leases and sells industrial properties with a specialization in freestanding owner/user buildings and multi-tenant developments. Clients served by Sweetland include Western Refining, Harsch Investment Properties, Westcore Properties, Washington Federal, MDI Capital, Panattoni Development, Equity Building Services, City National Bank and GE Capital.

Sweetland brings to Cushman & Wakefield more than 16 years of experience in the industrial real estate market. He spent 13 years practicing in the Las Vegas market and has worked in the Metro Phoenix area for the past three years.

“We are thrilled to have Paul join us as we continue to grow our industrial presence in the greater Phoenix market,” commented Joe Cook, C&W’s COO, U.S. Markets.

Sweetland holds the designation of Society of Industrial and Office Realtors (SIOR). He earned real estate licenses from both the Arizona School of Real Estate and Business and the Nevada School of Real Estate and Business.

Cushman & Wakefield Negotiates $25.5M Sale of The Colonnade Apartments

Cushman & Wakefield of Arizona’s Multifamily Advisory Group recently negotiated the $25.5 million sale of The Colonnade Apartments, a 415-unit multifamily property located at 1930 E. Camelback Road. Built in 1968 and 1973, The Colonnade is an urban, garden-style apartment community located in the heart of the Camelback Corridor, providing a live-work-play experience for residents.…


Cassidy Turley Purchase Black Canyon Business Park for $13.1M

Cassidy Turley announced that BKM Capital Partners (Irvine, Calif.) acquired Black Canyon Business Park, a ±219,090-square-foot business park at 8041 N. Black Canyon Freeway for $13.1 million. The seller was Business Properties (Irvine, Calif.). Senior Managing Directors Bob Buckley, Tracy Cartledge and Steve Lindley with Cassidy Turley’s Capital Markets Group and Vice President John Pompay…


ABI Multifamily Facilitates Sale of Fully Renovated Luxury Community in the Heart of Central Scottsdale

ABI Multifamily, a dedicated multifamily brokerage and advisory services firm, is pleased to announce the sale of a premier luxury community in the heart of Central Scottsdale. This 151 Unit garden-style fully renovated multifamily community, located in an excellent in-fill area of Central Scottsdale – Miramonte Apartments – sold for $18,500,000, or approximately $122,500 per…


Marcus & Millichap Sells 51-Unit Multifamily Asset in Phoenix for $5.6 Million

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of 18 at Biltmore, a 51-unit apartment property located in the prestigious Biltmore neighborhood of Phoenix. Brian Tranetzki, Rich Butler, Cliff David and Steve Gebing, multifamily investment specialists in Marcus & Millichap’s Phoenix…


Cushman & Wakefield Negotiates Black Canyon Location of Western Career Institute

Cushman & Wakefield of Arizona, Inc. negotiated a long-term lease bringing a new location of Western Career Institute to 7107 N. Black Canyon Highway. The educational institution has leased the entire 6,805-square-foot, freestanding building and plans to take occupancy at the end of this year. Western Career Institute of Tempe is among the leading teaching…


Commercial Properties Inc. Announces Sale of 10,093 SF Industrial Warehouse Building In Mesa

Commercial Properties, Inc., Arizona’s largest locally owned commercial real estate brokerage, recently brokered a 10,093 SF industrial warehouse building located at 1929 N. Rosemont in Mesa. Andy Jaffe, SIOR, and Rex Griswold of CPI’s Tempe Office represented both the buyer and the seller in this transaction. The reinforced concrete building was built in 2000, and…