Cushman & Wakefield Negotiates CFA Cabinetry’s Relocation To Southwest Phoenix

CFA Cabinetry, a wholesaler of kitchen and bathroom cabinetry, is nearly doubling its warehouse and distribution space with a relocation to 420 S. 53rd Ave.  Cushman & Wakefield of Arizona, Inc. negotiated a five-year lease relocating CFA to a 63,840-square foot facility.  The company is expanding and relocating on May 1 from its 32,000 SF facility…

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New Suite Protector Insurance Program Simplifies Renter’s Insurance for Landlords

An innovative new approach to simplify renter’s insurance for landlords and property managers is now offered by Chicago-based Parr Insurance Brokerage through Burns & Wilcox. Called Suite Protector, the web-based platform provides guaranteed acceptance for tenants in approved communities, quick coverage and instant notification for tracking activity. “Making sure tenants are insured is a time-consuming…

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Pima Norte Signs Five New Leases

Five businesses have signed leases in Whitestone REIT’s Pima Norte office complex located in Carefree including Prudential Real Estate, Carefree Movement Physical Therapy, Hundman Law Offices, Oz Directional Drilling and Full Circle Homes.  Strategically located at the southwest corner of Pima Road and Cave Creek Road, Pima Norte is convenient to many upscale master planned…

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Prest-O-Fit Expands to 45,000 SF at Eastpoint Business Center

Cassidy Turley, a leading commercial real estate services provider in the U.S., announced that it completed an expansion lease of 15,000 square feet for Prest-O-Fit (Chandler, AZ) at Eastpoint Business Center, 3191 North Washington Street. Senior Vice President Pete Klees with Cassidy Turley’s Industrial Group represented the Tenant, while Evan Koplan and Mike Parker with…

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IPA Arranges the Sale of Alta Park West for $30.05 Million

Institutional Property Advisors (IPA), a multifamily brokerage division of Marcus & Millichap serving the needs of institutional and major private investors, has arranged the sale of Alta Park West, a 260-unit, 252,643-square-foot luxury apartment community in Peoria, Ariz., a major suburb of Phoenix. The $30.05 million sales price equates to $115,500 per unit. IPA senior…

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CBRE Completes Sale of Two Office Condominiums at Fairways at Superstition Springs Village in Mesa, Ariz.

CBRE has completed the sale of two office condominiums at the Fairways at Superstition Springs Village located at 2500 S. Power Rd. in Mesa, Ariz. The units, which totaled 8,100 square feet, commanded a sale price of $955,000. Andrew Fosberg with CBRE’s Phoenix office negotiated the sale on behalf of the seller, Diego Rodriguez of…

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Liberty Property Trust Receives LEED® Silver Certification for the “Aetna Building” in Phoenix

 Liberty Property Trust today announced that it has received LEED Silver certification for its newly opened building at 4500 E. Cotton Center Blvd. in Phoenix. The 139,403 square foot Class A two-story office building was built in 2013 and is fully leased to Aetna.   “Liberty was eager to pursue LEED certification for 4500 E. Cotton…

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Arizona Commercial Advisors Completes Sale Of 14,140-Square-Foot Walgreens In Mesa

Patti Gentry, principal and designated broker of Arizona Commercial Advisors, along with Andrew Fosberg from CBRE, recently completed the sale of a 14,140-square-foot Walgreens located at 2737 E. McKellips Road in Mesa, Ariz. According to Gentry, she was referred to this seller by a colleague out of Beverly Hills, California. “I am pleased that we…

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