Ventana Medical Systems, Inc. to Lease 60,000 Built-to-Suit Project in Tangerine Commerce Park in Marana, Ariz.

An affiliate of Cottonwood Properties announced they will be constructing and leasing a 60,000-square-foot distribution facility for Ventana Medical Systems, Inc. The new facility is located in Tangerine Commerce Park located on Tangerine Farms Road, just west of the Tangerine Road freeway interchange. This is the first development within the 100-acre business park that provides…

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Automotive Repair Facility in Scottsdale Airpark Trades for $1.2 Million

Cassidy Turley, a leading commercial real estate services provider in the U.S., has announced the $1.2 million sale of an automotive repair facility at 15445 North 83rd Way in the Scottsdale Airpark. Cassidy Turley Senior Vice President Michael Kitlica negotiated the transaction on behalf of the buyer, L&R Real Estate Holdings, LLC (dba Roven Techs).…

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A Conversation with Christine Jones

I recently had the pleasure of sitting down with former Go Daddy executive Christine Jones to discuss why she is running for governor. Christine was the executive vice president, general counsel, and corporate secretary for Go Daddy, and negotiated the sale of Go Daddy for $2.25 billion in what was the single largest private transaction…

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​​​​Whitestone REIT Highlights Leasing Progress at Its ​Fountain Square Property in Phoenix

Whitestone REIT (WSR), a fully integrated real estate company that owns, operates and re-develops Community Centered Properties™, today announced leasing progress and occupancy increases at its Fountain Square property located in northern Phoenix. Whitestone REIT purchased Fountain Square in 2012 out of foreclosure for $130 per square foot, and repositioned and redeveloped the 118,000 square…

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Passco Companies Forms Joint Venture with Insite Investment Realty to Acquire 270-Unit Multifamily Community in Tempe for $25 Million

Passco InSite, LLC, a joint venture between Passco Companies, LLC and InSite Investment Realty, has acquired the 270-unit Class B garden-style multifamily community Ovation at Tempe for $25.85 million. According to Bill Passo, CEO and Founder of Passco Companies, this new joint venture is an extension of a 20-year relationship with long-standing track record, market…

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Caliber Companies Receives 2014 Inc. 500 Ranking of America’s Fastest Growing Private Companies

Fueled by its continued success and innovation in real estate wealth development which resulted in a 1,169.7 percent compound annual growth rate (CAGR) since 2011, Caliber Companies today announced that is has placed #404 in this year’s Inc. 500 list of the nation’s fastest-growing private companies. The exclusive list represents the most comprehensive look at…

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SRS Hires Senior Associate in Phoenix

SRS welcomes Mike Duffy as senior associate in the Phoenix office. He will focus on landlord representation, tenant representation and land brokerage. Duffy joins SRS with more than 20 years of experience in real estate. His introduction to commercial real estate came while at Marcus & Millichap, but his most recent experience in the industry…

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Colliers International Completes 176-Unit Sale of San Marin Apartments in Tucson

Colliers International in Greater Phoenix recently completed the sale of the 176-unit San Marin Apartments in Tucson. Chartwell Capital Partners of North Salt Lake, Utah, purchased the complex, located at 5650 S. Park Ave., from Bridge Investment Group Partners of Murray, Utah. Cindy Cooke, senior executive vice president of Colliers International in Greater Phoenix, and…

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Colliers International Completes 436-Unit Sale of Carleton Club Apartments in North Phoenix

Colliers International in Greater Phoenix recently completed the sale of the 436-unit Carleton Club Apartments, a Class-B complex in Phoenix, for $22.25 million. Phoenix-based Bruckal Developments Inc. purchased the complex located at 17425 N. 19th Ave., completed in 1984. The buyer has plans for major renovations in the near future. Cindy Cooke, senior executive vice…

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Zell Commercial Real Estate Services, Inc. Announces Leases Across Greater Phoenix

ZELL Commercial Real Estate Services, Inc., a full service shopping center management and leasing firm based in Phoenix, Arizona announces the following retail lease transactions: The Vitamin Shoppe Leases Space in Foothills Park Place Shopping Center in Phoenix The Vitamin Shoppe has signed a lease for 3,867 square feet in the Foothills Park Place Shopping Center…

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Conor Commercial / Globe Corporation Break Ground on 155,114-Square-Foot Canal Crossing Logistics Center

Conor Commercial Real Estate, a member of The McShane Companies, and joint venture partner, Globe Corporation, are pleased to announce the groundbreaking of Canal Crossing Logistics Center, a premier speculative industrial building located on a 10.1-acre land parcel near the Phoenix Sky Harbor International Airport in Phoenix, Arizona. The new 155,114 square foot facility will…

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Liberty Property Trust Signs More than 500,000 Square Feet of Leases in Arizona to Date in 2014

Liberty Property Trust today announced that it has signed a lease with Green Light Direct Services at Liberty Tolleson Center, bringing the 200,000 square foot project to 100% occupancy. Green Light Direct Services will move into its new location, 8601 W. Washington Street, in October. Rick Collins of CD Commercial Advisors represented Green Light Direct…

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