COMMERCIAL PROPERTIES INC., IS PLEASED TO ANNOUNCE THE ±42,001 SF SALE OF TWO INDUSTRIAL INVESTMENT BUILDINGS IN PHOENIX, AZ

Commercial Properties, Inc./CORFAC International. (CPI), Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of two industrial investment buildings located at 3249 & 3259 E Harbor Drive in Phoenix, Arizona. The buildings equaled approximately ±42,001 square feet and are located in Southbank Business Center, just off the I-10 and 40th…

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CBIZ Plaza in Phoenix Sells for $26 Million

PHOENIX, Feb. 24, 2017 – Cushman & Wakefield announced that Houston-based Riva Ridge Development purchased CBIZ Plaza, located at 3101 and 3111 N. Central Avenue in Phoenix, from Miami-based LNR Property Corporation for $26 million (including fees assessed by auction company). Cushman & Wakefield Executive Managing Director Eric Wichterman and Senior Director Mike Coover negotiated…

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REMINGTON NEVADA ANNOUNCES AT HOME, HOME DÉCOR SUPERSTORE AND NEW TENANTS TO SAN TAN PAVILIONS

Remington Nevada, a premiere commercial land development company in the Southwest, has announced new tenants to San Tan Pavilions shopping center in Gilbert, Arizona. At Home, the home décor superstore, will be the anchor store for San Tan Pavilions and will house more than 108,000 square feet of home décor, from living room furnishings to…

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1784 Capital Holdings Purchases Land and Begins Development of Tucson Orange Grove Self Storage

Scottsdale-based 1784 Capital Holdings LLC has acquired 2.81 acres at 121 W. Orange Grove in Tucson.  The company has begun construction of a two-level, freestanding self-storage facility on the property. “This property is located at the western edge of the Catalina Foothills mountains and is an ideal location for the growing community of self-storage users,”…

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CBRE Completes $4.45 Million Sale of Dollar Tree & Mor Furniture in Casa Grande, Ariz.

CBRE has completed the sale of a two-tenant retail center at Casa Grande Shopping Center located at 1314 East Florence Blvd. in Casa Grande, Ariz. The ±45,327 square-foot retail property is home to Dollar Tree and Mor Furniture For Less and is situated on approximately 4.63 acres of land. The retail center commanded a sale…

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Renovated Class A Campus Positioned to Fill Tempe Office Demand

The Phoenix office of JLL has earned the leasing assignment for Park Garden and Park Bridge at Fountainhead, a recently renovated, two-building Class A office campus positioned to meet high demand for the Airport and Tempe markets, but at a fraction of nearby rental rates. JLL Managing Director John Bonnell, Senior Vice President Brett Abramson, Vice President Chris Latvaaho and Associate Joe…

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The Shops at Gainey Ranch Announces McKenzie Architectural Kitchens

Kent Circle Partners (Scott Seldin, President) announces McKenzie Architectural Kitchens, LLC has signed a five-year lease in the Shops at Gainey Ranch. McKenzie Architectural Kitchens is expected to open in April. Don McKenzie, an architect by trade, is moving from a nearby Gainey Ranch office building to the 1241 SF storefront space. McKenzie Architectural Kitchens’…

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Outparcel of Westgate Entertainment Center Transacts for $1.5M

Located within one of the largest entertainment and retail districts in Arizona, Westgate 95, a 7,539 square foot retail center, sold for $1,500,000 ($199/SF). Built in 2008, Westgate 95 is located steps away from Westgate Entertainment District, which offers a unique outdoor setting with many vibrant restaurants that include: Johnny Rockets, Buffalo Wild Wings, Saddle…

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