CBRE’s Kristin Sexton Promoted to Senior Managing Director, Labor Analytics

CBRE Group, Inc. announced that Kristin Sexton has been promoted to Senior Managing Director with CBRE Labor Analytics, based out of Phoenix. In this new role, Ms. Sexton will oversee the development of innovative technologies designed to revolutionize companies’ real estate and growth strategies by incorporating their talent needs. “Kristin is a game changer in…

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Washington Federal Signs Long-term, 9,793 SF Lease at Scottsdale Spectrum

Washington Federal signed a 10-year, 9,793 SF lease at Scottsdale Spectrum, 6720 N. Scottsdale Rd., Scottsdale. Lease commencement is scheduled for Q3 2017. Lee & Associates Principals Adam Tolson and Jim Watkins represented the landlord, Globe Corporation, Scottsdale. Glenn Smigiel of CBRE procured Washington Federal., Seattle, WA. Washington Federal has 238 branches in the 9…

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SRPMIC Projects Have Big Impact on Valley Development Landscape

Valley Partnership has announced the topic for its March 17 breakfast. This month’s panel will discuss the Salt River Pima-Maricopa Indian Community’s (SRPMIC) impact on the Valley’s development landscape. Most recently, Ryan Companies US broke ground on a 271,000-square-foot, twinned office tower on 32 acres that will be the corporate regional headquarters for San Franciscobased…

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MARCUS & MILLICHAP ARRANGES THE SALE OF A 3,616-SQUARE FOOT NET-LEASED PROPERTY

Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Raising Cane’s – 20 Yr. NNN, a 3,616-square foot net-leased property located in Phoenix, AZ, according to Ryan Sarbinoff, regional manager of the firm’s Phoenix office. The asset sold…

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Pivotal Growth: Arizona Polymer Flooring Relocates Headquarters into State-of-the-Art Manufacturing Facility in Phoenix

Arizona Polymer Flooring (APF), a manufacturer of high-performance flooring products and concrete coating systems, is thrilled to announce it has relocated into a state-of-the-art, 50,000-square-foot manufacturing facility in Phoenix.   The mixed-use building, located near 43rd Avenue and Buckeye Road (4565 West Watkins Street), will feature an 18,000-square-foot production area, 18,000 square feet set aside…

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Two Albuquerque Apartment Communities Sold to Local Investor

Two Albuquerque apartment communities have been sold to a local, private investor.  The Continental Arms and Laurels at Uptown were purchased together as a portfolio in what real estate experts believe is an improving Albuquerque market for multifamily properties.   “The city’s economy is expanding with increases in job growth and multifamily vacancies have dipped…

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North Phoenix Apartment Community Trades for $14.35 Million

Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Sterling on 28th, a 224-unit apartment community in Phoenix, Arizona. The sales price is $14.35 million. “Sterling on 28th is a well-positioned asset that recently received a multi-tiered capital plan…

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MODE Commercial Property Management Hires Industry Veteran Gary Coley as Senior Real Estate Manager

MODE Commercial Property Management, a Scottsdale-based boutique commercial property management company, recently hired commercial property management veteran Gary Coley as its senior real estate manager. Coley joins MODE with more than 30 years of commercial real estate asset and property management experience in office, retail, industrial and data center assets in several markets in the…

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Cushman & Wakefield Reps $2.2 Million Sale of Starbucks in Cave Creek

Cushman & Wakefield announced today that the Starbucks, located 5360 E. Carefree Highway in Cave Creek, Arizona, has been sold for $2.2 million to Mountain Park Investors. Cushman & Wakefield Senior Director Chris Hollenbeck represented the seller, Park West Development. Nicholas Diamond of Real Estate Investment Group represented the buyer. The recently completed, single-tenant property…

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CBRE Welcomes Alex Hardie as Sales Manager in Tucson, Arizona

CBRE is pleased to announce that Alex Hardie has joined its Tucson office in the role of Sales Manager. Ms. Hardie will be responsible for leading day-to-day operations for the firm in Tucson, directing CBRE’s strategic development across multiple service lines, managing client relationships and measuring overall engagement for the Tucson office. Ms. Hardie will…

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Estrella by Newland Communities Hires New Marketing Manager

Nationwide real estate development company, Newland Communities, has hired Kimberly Banach as Marketing Manager for its master-planned community, Estrella.  In this role, Banach will be responsible for executing marketing and brand strategy initiatives for the community. Other duties include building relationships with home-builders and real estate professionals, and cultivating partnerships with residents, local businesses and…

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NAI Horizon negotiates Ahwatukee land sale for self-storage facility

NAI Horizon Senior Vice President Denise Nunez represented the seller in a $1.8 million entitled land sale for the construction of a self-storage facility at Desert Foothills Parkway and Marketplace Way in Ahwatukee. Nunez, with NAI Horizon’s National Self Storage Investment Group, represented Scottsdale-based 1784 Capital Holdings LLC. “This parcel of land had been vacant…

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Holualoa Companies and Plaza Companies Leads Resurgence of Key Glendale Commercial/Medical Office Complex

A 100,000-square-foot commercial and medical office complex has received a jolt of energy that is helping to bring new business to Glendale and grow the economy. Arrowhead Executive Center, located at 17325 N. 75th Avenue in Glendale, was only at 80 percent occupancy a little less than a year ago when it was purchased by…

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