Harvard Investments Partners, Lincoln Property Co. to Develop Class A Office Park

Harvard Investments announced today that it will partner with Lincoln Property Company to develop the second and final phase of Riverview Point, a Class A office project directly adjacent to the 250-acre Mesa Riverview mixed-use property in Phoenix’s booming Southeast Valley. Harvard Investments purch ased the 19.55-acre land parcel for the new project from Montana Avenue…

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CBRE Enhances Services with Addition of Lefevers

CBRE’s Phoenix office announces that Jay Lefevers, founding principal of Phoenix-based Viewpoint Group, LLC will join CBRE’s Valuation and Advisory Services team.  “I am excited to welcome Jay to the CBRE team,” said Mike Rowland, senior managing director of CBRE’s Valuation and Advisory Services Intermountain Region. “Jay is one of the top appraisal professionals in…

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CALCAP Advisors Acquires 358 Units In Two Distressed Multifamily Transactions

CALCAP Advisors is announcing that it has purchased its first apartment community in Nevada, followed shortly thereafter by the purchase of its thirteenth apartment community in Arizona, to combine for a total of 358 units acquired in the month of May. Pecos Pointe Apartments, a 160-unit property in Las Vegas, was purchased for $6,000,000 ($37,500 per unit/$41.72 per square…

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Council of Better Business Bureaus Presents Goodmans Interior Structures with International Ethics Award

Selected for exhibiting outstanding ethical practices, the Council of Better Business Bureaus is presenting Goodmans Interior Structures with its 2014 BBB International Torch Award for Ethics. Goodmans will celebrate its honor at a June 24 special luncheon ceremony during the first annual BBB Self-­‐Regulation Conference at the Ronald Reagan Building and International Trade Center in…

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Cushman & Wakefield Negotiates Two Leases Totalling 24,486 Sf At Scottsdale Office Building

Cushman & Wakefield of Arizona, Inc. negotiated leases totaling 24,486 square feet for a commercial real estate advisory firm and a medical  care company at 4141 N. Scottsdale Rd.  Fresenius Medical Care of Waltham, Mass., signed a 12-year lease for 15,317 square feet. Fresenius provides dialysis treatment through a network of more than 1,800 facilities…

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Oregon Based Investment Firm Purchases Chandler Multi-Family Community for $33.3M

Cassidy Turley, a leading commercial real estate services provider in the U.S., announced the sale of Pinnacle Queen Creek, a Class “A” apartment community located at 800 W. Queen Creek Road. Oregon Pacific Investment and Development Company purchased the 252 unit garden style apartment community for $33.3 million ($132,143 per unit). The seller was Pinnacle…

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Colliers International Completes $5.8 Million Sale of Flex Industrial Buildings in Mesa

Colliers International in Greater Phoenix recently completed the sale of three showroom/flex industrial buildings in Mesa, Ariz. for $5.8 million, or $61.03 a square foot. Tucson-based Holualoa Companies purchased the buildings, located at the Superstition Springs Commerce Center, from AEW Capital Management of Boston, Mass. Rob Martensen, SIOR, CCIM, vice president of Colliers, served as…

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Commercial Properties Inc. Announces The Sale Of A 62,413 Sf Industrial Manufacturing Building In Gilbert

  Commercial Properties, Inc., Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of a 62,413 SF industrial property located at 900 North Fiesta Blvd., in Gilbert Arizona. Jim Stockwell of CPI’s of Tempe Office represented Rhodes Family Trust in this transaction. The reinforced concrete building was built in 1999…

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